Tuesday, July 7, 2009

Sports Car Maker Koenigsegg Ready to Take over GM's Saab

OSLO, Jun 13, 2009; Aasa Christine Stoltz writing for Reuters reported that tiny carmaker Koenigsegg is ready to take over General Motor's loss-making Saab unit, and says it has numerous good solutions to help get the company back on its feet, its major shareholder told daily Dagbladet. A source familiar with the talks told Reuters this week that General Motors is close to selling its Saab unit

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