Like a shot to the gut from a drunken bud, Koenigsegg’s decision to back out of the Saab sale all caught us off-guard, especially after it looked like the sale was all but a formality.

Then, just like that, the whole deal collapsed.

Now that Saab is back on the market, a lot of folks thought that with no apparent buyer in mind, the future of Saab looked bleaker than most people initially thought.

As it turns out, the Swedish brand may have a few more lifelines up its sleeve. According to Autocar, two investors have come out of the woodwork to express their interest in buying the beleaguered Swedish car brand.

One of these is China’s Beijing Automotive, which, incidentally, is a minority shareholder of Koenigsegg. The other interested buyer is a Wyoming-based merchant bank called Merbanco. If you’ve been following this soap opera for months, you’d know that these two companies were originally part of the bidding wars for Saab, which Koenigsegg won.

Now that it’s dropped out of the picture, Merbanco and the BAIC have stepped up efforts in purchasing Saab, potentially saving it from the chopping block.

Hold on to your nooses, gentlemen. Saab may not be dead after all.


Source: Autocar UK

Kirby Garlitos
Automotive Aftermarket Expert -
Kirby’s first exposure into the world of automobiles happened when he caught Knight Rider on television as a five-year old boy. David Hasselhoff didn’t leave much of an impression on him (that happened later on in Baywatch), but KITT certainly did. To this day, Kirby remains convinced that he will one day own a car with the same ‘spirit’ as the original KITT (not the 2008 monstrosity). He doesn't know when that will be, but until then, he’s committed to expressing his love for KITT, and all cars for that matter, here at TopSpeed.  Read More
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