Koenigsegg Pull Out of Deal to Buy Saab

Who knows where they will end up now! I don't blame them though for backing out, they had a long road ahead of them to turn Saab around anyways. Considering that GM absolutely destroyed the once very unique brand image with their garbage bin parts and badge switching games.

that's a shame. Saab built some interesting cars, even if they weren't very good lol

They were not that bad. It is a shame though. However, he did say that there were delays that lead to risks and uncertainties. I wonder from which party did these delays emerged from.

move your mind... Saab will survive, I?m sure.

Until GM owned them they were some of the best non-German daily driver cars

There was only one question. Which Chinese company will buy the Saab?

Volkswagen group and the Chinese companies are swallowing up everyone!

...let Magna and Sberbank buy Saab as Magna wants to be an auto manufacturer and Sberbank and the Russians want more modern automobile Tech...

and they've just developed an excellent new car- the 9-5... stupid time to close them down. I think renault needs a prestige brand, and as they major on style, sportiness and safety like saab they would be a perfect pair.

Before you try to do something as a car company, maybe you should try to think all the things through, investment capital needed and such; instead Koeniggsegg makes them selves look like a rookie brand that they are although their car is exquisite. It really is too bad for Saab, they were once a great brand.

what a shame, a great automobile, would be sad to see it go out of production!

Really a shame to see this happen. Would've been interesting to see what Koenigsegg could do with Saab.

If SAAB is shuttered, I'll be very disappointed. The 9-5 looked poised to make the brand relevant again, and the new wagon is quite stunning. On the other hand, GM has a genius for killing brands just as an interesting model appears: think Olds Aurora, Pontiac G8, Saturn Aura.

Bad news, but I can't imagine it'll disappear with a brand new executive car ready for launch. I just hope that whoever taked ownership restores SAAb to where it was before GM started fiddling.

Wow...the Swedes (and Americans...and Saab fans) will certainly not be to happy about these shenanigans pulled by amateur businessman Koenigsegg and his bunch of misfit investors! The complete production line of the new 9-5 was already transported from Germany (Opel) to Sweden! As was the 9-3 cabrio production from Austria (Magna)! Huge loss of time and capital! Hope Magna buys Saab. I think Swedes and Canadians can get along well, since they and their countries have a similar 'vibe'...very relaxed, smart and social. Add some extra Russian money and rocket science and it could be something good! Hope it works out for Saab...

I have only two favourite car brands. These are Opel and Saab. GM try to kill them. I think all the European Union should do something. Angela Melkel said earlier it was really unfair to don't sell Opel. And now the Swedish government should not allow to GM to do it. And Koenigsegg should still try to buy it because Saab has a brand new car, the all new Saab 9-5. Come on Koenigsegg! Don't hesitate, buy Saab!

Was Saab actually for sale? Like Opel, all a bluff....

What it is? Somebody here really believes that "Russian rocket science and their money is politics-free. Do you live in that planet guys?. And that Saab you see is a stiff kept in move by GM for mimicking the existence of themselves.

Not saying anything about GM business politics (well...GM is the worst run (car) company. GM exec Bob Lutz is one of the worst automotive decision makers). Also not saying anything about Russian money being good/bad or without strings. Please READ properly and then start typing replies! Just saying that Mr Koenigsegg pulling out of the deal comes across as amateurish, especially since he was already doing a lot of interviews portraying the deal was already a done deal. Financing is NOT a formality! Mr Koenigsegg should have done his due diligence BEFORE going public, let alone already starting the transfer! Of course Mr Koenigsegg deserves respect for his previous ventures, but that doesn't mean he's exempt from blame with this Saab deal going south!

Saab is something special. I hope they will find a buyer to continue their great rise with the last 9-3 and the (hopefully successful) new 9-5