GM sells Saab - Democratic Underground

blue_onyx

(1000+ posts) Send PM | Profile | Ignore

Thu Jun-11-09 02:38 PM
Original message

GM sells Saab

"Swedish luxury carmaker Koenigsegg and Norwegian investors have struck a preliminary deal to buy General Motors' Swedish unit Saab, a source familiar with the matter said on Thursday.

The source told Reuters a letter of intent had been signed between the parties and said the financing of the deal had been agreed, leaving only minor issues to be resolved.

"The deal is there now and a few minor details remain," said the source, who declined to be identified."

http://www.reuters.com/article/newsOne/idUSTRE55A3Z020090611

Printer Friendly | Permalink | | Top

HarukaTheTrophyWife

(1000+ posts) Send PM | Profile | Ignore

Thu Jun-11-09 02:39 PM
Response to Original message

1. I'm glad they got a buyer -- I love my Saab

I actually got an email from the Saab dealership about a month ago saying that there was a likely Swedish buyer that would be announced in June.

Printer Friendly | Permalink | | Top

blue_onyx

(1000+ posts) Send PM | Profile | Ignore

Thu Jun-11-09 02:43 PM
Response to Reply #1

2. I'm glad too

The brand isn't really necessary for GM but hopefully this company can make it work for them.

Printer Friendly | Permalink | | Top

AndyA

(1000+ posts) Send PM | Profile | Ignore

Thu Jun-11-09 02:49 PM
Response to Original message

3. Saabs are good cars, I'm glad that GM won't be responsible for killing it.

A friend had one for years. I still remember trying to find the ignition one night in the dark! Who would have guessed it would be on the console between the front seats?

Good times... ;)

Printer Friendly | Permalink | | Top

HarukaTheTrophyWife

(1000+ posts) Send PM | Profile | Ignore

Thu Jun-11-09 10:15 PM
Response to Reply #3

6. You get used to it

When I drive LostinVA's car, I often try to stick the key into the center console a few times. She has a VW.

Printer Friendly | Permalink | | Top

madrchsod

(1000+ posts) Send PM | Profile | Ignore

Thu Jun-11-09 04:00 PM
Response to Original message

4. hundreds of thousands of saab lovers are rejoicing around the world

finally saab can get back to engineering cars that are as solid as the first saabs.

i`ve owned over 25 93s,96s,99s,and one 9000. the early models were great cars and the 9000 was a pile of junk. anyone need a wood rim steering wheel from a saab 93 monte carlo?

Printer Friendly | Permalink | | Top

madrchsod

(1000+ posts) Send PM | Profile | Ignore

Thu Jun-11-09 04:16 PM
Response to Original message

5. this is one of the cars they build

the "stig" at the bbc program "top gear" drove this car off the race track because the car lack rear downforce. fearing the damage the car to the car the top gear hosts thought another test the car was out of question. a year later the koenigsegg people brought the cat back to "top gear" so the "stig" could retest the car. the wing worked.

http://www.topgear.com/us/videos/more/ccx-v-stig

Printer Friendly | Permalink | | Top

flvegan

(1000+ posts) Send PM | Profile | Ignore

Thu Jun-11-09 10:21 PM
Response to Reply #5

7. Well, Stig drove the non-race version.

The CCX, a bit more like this:

A fantastic car to be sure. Faster around their track than the Bugatti Veyron and the Pagani Zonda F.

According to Jeremy Clarkson, "Koenigsegg" is Swedish for "Oh my God, my head's exploded!"

Printer Friendly | Permalink | | Top

madrchsod

(1000+ posts) Send PM | Profile | Ignore

Thu Jun-11-09 11:43 PM
Response to Reply #7

8. i did`t notice the difference........ here`s the story

Edited on Thu Jun-11-09 11:44 PM by madrchsod

stig really did a lot of damage

http://www.topgear.com/content/features/stories/2007/05/stories/05/2.html

and now the rest of the story

http://www.topgear.com/content/features/stories/2006/08/stories/01/1.html

Printer Friendly | Permalink | | Top

flvegan

(1000+ posts) Send PM | Profile | Ignore

Fri Jun-12-09 12:03 AM
Response to Reply #8

9. Oh yeah it did. You're absolutely right.

I'm a Top Gear junkie. June 21st and the start of Season 13 can't arrive soon enough.

Printer Friendly | Permalink | | Top

DU AdBot (1000+ posts)

Tue Apr 30th 2024, 05:41 AM
Response to Original message

Advertisements [?]

Top

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.