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 Message Boards » » Koenigsegg Buys Saab Page [1]  
TKE-Teg
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I did not see that coming...though I can see the nationalistic tie.

Makes you wonder what the future holds for both companies.

http://www.caranddriver.com/news/car/09q3/the_not-so-small_koenigsegg_group_ab_puts_saab_back_in_swedish_hands-car_news

8/11/2009 12:20:18 PM

richthofen
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Well that's certainly interesting. Sounds like we might not see much immediate splash, as the new 9-5 is pretty much complete and they will maintain ties with GM. Cool to see it back in Swedish hands though, and hopefully more individuality will be on the horizion, and less ridiculous badge-engineered "SAAB" models like the 9-2x saabaru and the 9-7x saablazer.

*I'm sure the 9-2x was probably a fine car, based on the WRX and all, but come on. And the 9-7x is even worse.

8/11/2009 12:35:06 PM

SaabTurbo
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At least the 9-7x Aero is LS2 powered!

8/11/2009 1:11:03 PM

Skack
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Do I hear a Saabigsegg in the works?

8/11/2009 2:21:11 PM

Skack
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I think Koenigsaab is probably a better name.

8/11/2009 7:28:30 PM

Ronny
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Me too.

8/12/2009 9:24:17 AM

0EPII1
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It would be cool to see a Koenigsegg medium sized super-sedan to compete with the M5, RS6, E63 AMG, CTS-V, and XFR!

8/13/2009 4:42:34 PM

Quinn
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why would another super sedan be cool at all ?

8/13/2009 6:05:04 PM

Chop
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i thought this was old news. didn't this happen like two or three months ago back when GM was trying to figure out if they were going to go the bankruptcy route or not?

8/13/2009 7:25:31 PM

TKE-Teg
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Nope...and in fact it won't be official for a few months.

8/13/2009 11:15:47 PM

Chop
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i looked this up just to satisfy my own curiosity more than anything, i'm not trying to be a dick. but i knew i'd read about this a while back.

http://www.usatoday.com/money/autos/2009-06-16-saab-sold_N.htm

8/13/2009 11:24:58 PM

Skack
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Quote :
"For the new owners of Saab Automobile to make money selling small numbers of cars across the globe, they have to return to the Swedish automaker's roots, industry analysts say."


I hope they don't mean shitty grenading transmissions and tons of electrical problems. TONS of classic Saab 900s (1980's-early 1990s) would still be on the road today if it weren't for that shitty ass transmission they put in them. It just got to a point where the transmissions were worth more than the damn car itself.

8/13/2009 11:28:53 PM

Ragged
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Quote :
"why would another super sedan be cool at all ?

"



new tauras SHO

8/13/2009 11:30:47 PM

TKE-Teg
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^will get its ass handed to it by a G8 GT (we don't even need to mention the GXP)

8/14/2009 9:06:36 AM

Skack
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I don't see Pontiac beating anything in 2010.

8/14/2009 10:08:51 AM

TKE-Teg
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yeah, well I'm pretty sure that in 2011 it'll just have a chevy badge slapped on the front

8/14/2009 10:12:23 AM

richthofen
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^Actually Lutz has stated those rumors are false, after the G8 is canceled the Commodore will no longer be sold in the US. Speculation is that, since the UAW now owns a large piece of GM, they put the kibosh on a car produced in Australia being sold here. Also, they haven't sold well.

Rather unfortunate.

8/14/2009 10:42:44 AM

CalliPHISH
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tke, this is very old news...... this has been in talks for multiple months. Regardless, any thread with saab + supercar is a-okay with me.

8/14/2009 3:11:37 PM

TKE-Teg
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^^wow that really blows. Other than the Corvette and CTS that is the only GM I'd seriously consider buying. Oh well, if in a few years I feel like I need a sedan there's always "lightly" used.

^my apologies about this not being breaking news

8/14/2009 3:20:34 PM

Ragged
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id rock a cts v wagon

8/14/2009 5:32:57 PM

0EPII1
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Quote :
"why would another super sedan be cool at all ?"
\

Did you really just ask that?

Quote :
"new tauras SHO"


You consider that to be a 'super sedan'?

8/22/2009 7:07:25 PM

69
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are they still selling saabs anymore?

10/14/2009 7:31:36 PM

pwnt
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^ I sold one not long ago.

Yeah, there's a Saab dealersip right up the street from me. Quite a few of them on the road here.

10/14/2009 9:03:35 PM

optmusprimer
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^^ arent you that pee pants kid?

10/14/2009 9:10:00 PM

pwnt
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^ He's gunna come at you like a spider monkey....

10/14/2009 9:22:41 PM

optmusprimer
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smells like bigfoots dick

10/14/2009 9:24:39 PM

pwnt
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they go together like cocaine and waffles

10/14/2009 9:33:26 PM

0EPII1
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Christian Von Koenigsegg talks about the future of Saab
http://www.youtube.com/watch?v=Yrf7VOQZceQ

*************************************************************************

And here is a spy shot of the first new vehicle to come out in the future:





*************************************************************************

The Chinese own everything!

Quote :
"Last month, BAIC (Beijing Automotive Industry Corporation) made a $400 million investment into the Swedish automaker, becoming a minority shareholder in Koenigsegg, Saab's new parent company.

According to Autocar, the old 9-5 will get a new lease on life from China's Beijing Automotive Industry Corporation (BAIC). It's not clear what changes (if any) will be made to the car in its new incarnation, or if BAIC will also purchase the rights to Saab's turbocharged four-cylinder engines."




*************************************************************************

And here is the 2010 Saab 9-5







10/15/2009 6:12:10 AM

69
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fugly

10/15/2009 9:33:53 AM

TKE-Teg
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The deal with Koenigsegg fell through.

No other potential buyers.

Saab = fuxor'd

11/24/2009 2:44:37 PM

richthofen
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Ah damn
I actually liked that 9-5 design

11/24/2009 4:10:13 PM

TKE-Teg
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The design does look good. Too bad it's FWD (or FWD based AWD)

11/24/2009 4:13:22 PM

smc
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Oh no! Now what will pretentious white people drive?

11/24/2009 4:27:16 PM

SandSanta
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BMW's, Lexus, Mercedes and/or Audi's.

Pretty sure Saab was more for quirky people.

11/24/2009 4:34:53 PM

Golovko
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Quote :
"pretentious white people drive"


Quote :
"Lexus"


Does not compute.

11/24/2009 5:46:00 PM

benXJ
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^if he had said 10 year old lexus, then white people would not have fit.

11/24/2009 7:24:29 PM

Noen
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Quote :
"Ah damn
I actually liked that 9-5 design"


Seriously, that car is pretty damn nice looking. Especially for a Saab

11/25/2009 12:05:17 AM

Ragged
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that is a nice looking car

11/25/2009 1:03:03 AM

69
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it wouldn't be after you crash it into a light pole shitfaced drunk

11/25/2009 7:17:26 AM

NCstAteFer
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11/28/2009 1:23:41 AM

Ronny
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Seriously, that car is pretty damn nice looking. Especially for a Saab

11/28/2009 1:36:04 PM

0EPII1
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Saab is screwed....

GM in talks on partial Saab sale to BAIC: sources
http://www.reuters.com/article/idUSTRE5B706Q20091208

Quote :
"NEW YORK/DETROIT (Reuters) - General Motors Co is talking to BAIC, China's fifth largest car maker, about a partial sale of assets associated with its Saab brand, including tooling and technology, two people with direct knowledge of the discussions said.

Beijing Automotive Industry Holding Group has made it clear that it has no interest in acquiring Saab's production hub in Trollhattan, Sweden, according to the people who could not be named because the talks remain private.

Under the proposed deal, BAIC, which lacks its own car brand, would set up production in China based on an older generation of Saab vehicles, including the 9-5 and 9-3 models, the people said.

The partial sale of Saab technology to BAIC would likely clear the way for a liquidation of other assets held by the brand, including its headquarters and could threaten more than 3,000 Saab jobs in Sweden.

t the same time that GM is talking with BAIC, it is also vetting several other bidders that have expressed an interest in buying all of Saab, the sources said.

BAIC has said it remains interested in Saab, part of a push by Chinese car makers to upgrade their technology and expand production. A BAIC representative could not be reached immediately for comment.

GM declined to comment. The automaker, which came through a bankruptcy funded by the U.S. government in July, said it will not discuss negotiations because of confidentiality agreements with potential bidders.

GM's board of directors wants to see that any potential bidder has financing lined up by the end of December and will set a strict time limit for any deal, the sources said.

Although the Swedish government could still intervene to tip the balance, those tough conditions and the fast timetable make it more likely that a partial sale of Saab to BAIC will be the only viable option for GM, one of the sources said.

It was not immediately clear if any Saab-derived models built by BAIC would be sold in a way that showed their association with the historic brand, one of the people said.

GM's board has said it will take until the end of December to consider whether it can conclude a deal to sell Saab.

BAIC had been in discussions to provide financing to Koenigsegg, a tiny Swedish car builder that pulled out of a tentative deal to buy Saab last month.

On Friday, BAIC obtained a $2.93 billion line of credit from the Bank of China.

Beijing-based BAIC has tie-ups in China with Daimler AG (DAIGn.DE) and Hyundai Motor Co.

Dutch specialty car maker Spyker Cars has said it is interested in buying Saab. Privately owned Renco Group, backed by U.S. financier Ira Rennert, has also expressed an interest.

The discussions with BAIC over a sale of some Saab assets come as another Chinese automaker, Geely (0175.HK), is pursuing a deal to buy another Swedish brand, Volvo.

Ford Motor Co (F.N) has picked Geely as its preferred bidder for Volvo. (Editing by Carol Bishopric; editing by Carol Bishopric)
"




Such a shame that 2 out of 3 Swedish car companies will probably be owned by the Chinese in the near future.

Hope the same fate doesn't befall Koenigsegg!

12/9/2009 5:22:24 PM

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