View Single Post
  #4  
Old 11-25-2009, 12:27 AM
SANguru's Avatar
SANguru SANguru is offline
Scuderia Ferrari Tifosi
 
Join Date: Mar 2005
Location: Bay Area, CA
Posts: 6,500
SANguru is on a distinguished road
no no no.. it's not Koenigsegg the exotic car maker... It's Koenigsegg group which is a completely separate entity.

Quote:
Originally Posted by Thunder22 View Post
Swedish exotic-car maker Koenigsegg Group has canceled plans to buy Saab from General Motors.
GM announced that the deal was off on Tuesday and gave no reason why the deal fell apart, nor did the automaker say what would happen to Saab.
In a statement, GM CEO Fritz Henderson said: "We're obviously very disappointed with the decision to pull out of the Saab purchase. Many have worked tirelessly over the past several months to create a sustainable plan for the future of Saab by selling the brand and its manufacturing interests to Koenigsegg Group AB. Given the sudden change in direction, we will take the next several days to assess the situation and will advise on the next steps next week.
Reply With Quote

Sponsored Links