Tuesday, May 22, 2018
One of America's Great Newspapers ~ Toledo, Ohio


Koenigsegg backs out of plan to buy Saab from GM

DETROIT — General Motors Co. says a Swedish specialty car maker has ended plans to buy GM's Saab brand.

CEO Fritz Henderson says the Detroit automaker is disappointed in the decision by Koenigsegg Group AB and will take the next several days to figure out what to do.

The decision casts serious doubt on the future of Saab, which GM wanted to sell or close this year.

Click to comment

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2018 Toledo Blade

To Top

Fetching stories…