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Old 18th June 2009, 09:42   #16
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This is great news. Hope the deal comes through.
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Old 19th August 2009, 16:43   #17
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On Tuesday, GM signed the agreement in this regard. However they need more capital before the deal is closed.

Read the news here: Gulfnews: GM signs accord to sell Saab to Koenigsegg
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Old 19th August 2009, 16:46   #18
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Haha. This is good news. Saab has always been a little different! I hope Koenigsegg continues this tradition!
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Old 28th October 2009, 04:44   #19
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Default The 3 phases for Saab:

2010-2011: present phase
  • 115.000 cars sold gives break-even financially
  • Average price per car: 189.000 SEK
2012-2015: transformation phase
  • 80.000 sold cars gives break-even financially
  • Average price per car: 208.000 SEK
  • New models including a 9-5 Koeningsegg Edition
2016 - : premium phase
  • 65.000 sold cars gives break-even financially
  • Average price per car: 280.000 SEK
  • New models including a New 900
The prices mentioned are ex SAAB and therefore need to be increased by 1.4 plus country taxes to find the retail customer price. Thus the retail prices will be cost ex SAAB plus 55% to 60%
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Old 25th November 2009, 08:26   #20
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GM's deal to sell Saab falls through - Nov. 24, 2009
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Old 25th November 2009, 09:37   #21
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Quote:
Originally Posted by Nikhilb2008 View Post
Yes heard that news. An auto analyst was also saying that there may be a possibility that GM may call its quits and scrap the brand Saab altogether.He was saying that SAAB cars have no brand equity in the export market as of now and that they sell only a few thousand units in the US market.So GM may no longer allow it to flourish. Thats only a possibility but in reality no one knows what GM will do next.
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Old 25th November 2009, 12:54   #22
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Quote:
Originally Posted by anjan_c2007 View Post
.... but in reality no one knows what GM will do next.
"General Motors Co. doesn’t expect to find new bidders for Saab and may shut the bankrupt unit after Koenigsegg Group AB canceled a planned acquisition, people familiar with the matter said..."

Link: GM Said to See No Saab Bids as Board Nears Shutdown (Update1) - Bloomberg.com
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Old 26th November 2009, 03:54   #23
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It was unexpected news.

Now we have to wait until next tuesday to see what answers GM has about the future.

Until then it is buisness as usuall at the Saab factory.
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Old 26th November 2009, 11:52   #24
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Will be very disappointed and sad to see the end of SAAB. Very very nice cars to drive.
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Old 28th November 2009, 19:21   #25
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Default Fin?

Americans. They came. They saw. They destroyed.

GM Source: No Bids on Saab, GM May Kill Brand Next Week...

source:DailyTech - GM Source: No Bids on Saab, GM May Kill Brand Next Week
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Old 14th December 2009, 17:14   #26
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Beijing Autos to buy Saab car, engine technology.

Beijing Autos has agreed to buy technology from GM's Saab Automobile, a breakthrough for the Chinese automaker that could clear the way for General Motors Co. to sell the rest of Saab to another buyer.

Beijing Autos to buy Saab car, engine technology - BusinessWeek
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Old 8th January 2010, 18:34   #27
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News is that F1 Supremo Bernie Ecclestone is bidding for Saab.
Bernie Ecclestone to Buy Saab? - Formula One Blog - NYTimes.com
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Old 27th January 2010, 10:38   #28
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Default GM Reaches Agreement to Sell Saab to Spyker

PRESS RELEASE
GM Reaches Agreement to Sell Saab to Spyker

DETROIT – General Motors and Spyker Cars NV today confirmed that they have reached a binding agreement on the purchase of Saab Automobile AB.

"Today's announcement is great news for Saab employees, dealers and suppliers, great news for millions of Saab customers and fans worldwide, and great news for GM," said John Smith, GM vice president for corporate planning and alliances.

"General Motors, Spyker Cars, and the Swedish government worked very hard and creatively for a deal that would secure a sustainable future for this unique and iconic brand, and we're all happy for the positive outcome," Smith said.

As part of the agreement, Spyker intends to form a new company, Saab Spyker Automobiles, which will carry the Saab brand forward. The sale will be subject to customary closing conditions, including receipt of applicable regulatory, governmental and court approvals. Other terms and conditions specific to the sale will be disclosed in due time.

The Swedish government is at present reviewing the transaction and the related request for guarantees of a Saab Automobile loan that has been requested from the European Investment Bank. Assuming quick action, the transaction is expected to close in mid-February, and previously announced wind down activities at Saab will be immediately suspended, pending the close of the transaction.

"Throughout the negotiations, GM has always had the hope to find a solution for Saab that would avoid a wind down of the brand," added Nick Reilly, president, GM Europe. "We've worked with many parties over the past year, including governments and investors, and I'm very pleased that we could come to such a good conclusion, one that preserves jobs in Sweden and elsewhere. GM will continue to support Saab and Spyker on their way forward."
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Old 27th January 2010, 10:39   #29
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Moderator,please change the thread title accordingly.
Thank You!!
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Old 27th January 2010, 10:44   #30
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Default SAAB- in pictures

Before the sale to Spyker becomes official here are all the models that came from the Saab stable.

GM: SAAB is for sale EDIT:  Koenigsegg cancels plan to buy it out-saabhistorical_.jpg

GM: SAAB is for sale EDIT:  Koenigsegg cancels plan to buy it out-saabhistorical_1.jpg

GM: SAAB is for sale EDIT:  Koenigsegg cancels plan to buy it out-saabhistorical_2.jpg

GM: SAAB is for sale EDIT:  Koenigsegg cancels plan to buy it out-saabhistorical_3.jpg

GM: SAAB is for sale EDIT:  Koenigsegg cancels plan to buy it out-saabhistorical_4.jpg

GM: SAAB is for sale EDIT:  Koenigsegg cancels plan to buy it out-saabhistorical_5.jpg

GM: SAAB is for sale EDIT:  Koenigsegg cancels plan to buy it out-saabhistorical_7.jpg

GM: SAAB is for sale EDIT:  Koenigsegg cancels plan to buy it out-saabhistorical_10.jpg

GM: SAAB is for sale EDIT:  Koenigsegg cancels plan to buy it out-saabhistorical_66.jpg
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