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Swedish Koenigsegg is buying Saab

OutputLogic (1566511) writes | more than 5 years ago

Businesses 0

OutputLogic writes "Amid worldwide economic recession and declining market share, Saab Automobile AB has another shot at survival. Koenigsegg Group AB agreed to a preliminary deal to buy the troubled company from General Motors Corp. Koenigsegg is a little-known Swedish boutique sports-car maker. It has only 45 full time staff empolyees and sold 18 cars last year,which is 97,982 less than SAAB did."
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