GM says it reached deal to sell Saab to Koenigsegg
Wednesday, June 17, 2009
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Sweden's Koenigsegg, maker of some of the world's fastest and most expensive sports cars, has struck a deal to buy loss-making Saab Automobile from General Motors, the companies said on Tuesday. In one of the most unlikely pairings in automotive history, the tiny sports car firm of 45 staff is expected to take over a company. This Article is only available in The Daily Star on-line archive. Containing over 100,000 articles, The Daily Star archive is an excellent information source and research tool for all events in Lebanon and the region since 1997.
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