Koenigsegg Wants To Buy Saab [View All]

[Zorro]

Source: Dagens Industri

Supercar maker Koenigsegg wants to by its long-neglected, but quirky, neighbor Saab. That would be the best thing to happen to the brand that's not really born from jets since GM bought it in 1990.

The three remaining bidders for Saab are Koenigsegg, billionaire Ira Rennert and Jim Press's personal saviour, Fiat.

"According to sources close to GM the toughest battle is expected between U.S. billionaire Ira Rennert and Swedish carmaker Koenigsegg," reports Swedish paper Dagens Industri, which goes on to state that Koenigsegg has lined up financing from a group of "very wealthy people."

Read more: http://jalopnik.com/5272912/koenigsegg-wants-to-buy-saab

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For those who drive or like Saabs, the possibility of being purchased by a supercar manufacturer that's interested in green technology is intriguing news.