This is just too cool of a move: The CEOs of the now united Saab and Spyker brands will be driving a 1957 Saab 93 in this years upcoming Mille Miglia historic race. Too bad Bob Lutz wasn’t at Chrysler, think of him paired with some random Agnelli scion in an Abarth 500 for the [...]
The great Yogi Berra is famous for saying, “It ain’t over till it’s over,” and boy does that apply to Saab. The Swedish car company beloved by rally types and car lovers of a certain bent has been saved from death, and this time it seems to be for real. Former corporate owners of Saab, [...]
Well, that’s it then: Saab is dead. Or at least it will be very dead soon. GM couldn’t make the numbers work with selling a brand they had no business buying in the first place, and seemingly had no idea how to run or market, and now a very good an innovative car company, that [...]
GM just announced that Koenigsegg backed out of their deal to purchase Saab. Not much information about it was given, and there is no word from Koenigsegg regarding why they decided not to purchase the GM subsidiary.
GM President and CEO, Fritz Henderson said:
We’re obviously very disappointed with the decision to pull out of the Saab [...]
Last week we learned that Swedish supercar maker Koenigsegg made a promise to buy lagging Swedish passenger car maker Saab, who is currently wholly owned by GM. Considering the other cars that Koenigsegg makes, what could come from this acquisition? Koenigsegg’s slowest car – the CCX – produces a minimum of 806 horsepower for a [...]
This is a guest post by James from Car Throttle – your performance car experts!
A favorite genre of many auto fiends is the “sleeper” – a car that looks like grandma’s Mercury but goes like stink. In this day and age of flashy, showy performance – with all the standard body kits, huge spoilers and [...]
Well this comes as a bit of a surprise. Scandy automaker Koenigsegg, most well known for making a two-seater supercar of prodigious performance, has just put the final ink on the contract to buy Saab. What’s most interesting to us, the gearhead, is that Koenigsegg makes fast cars, and Saab has been known to make [...]
According to an interview with Automotive News, Troy Clarke, GM’s North American president, General Motors will keep its promise to Congress to drastically cut costs AND brands. Clarke said that GM will now focus its “product and marketing resources” on Buick, Chevrolet, Cadillac and GMC.
That means Pontiac, Saturn, Saab and HUMMER face an uncertain future [...]
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