Koenigsegg is top remainig bidder for GM’s Saab
omarrana submitted on 5/29/2009 Official Bell & Ross Timestamp: 10:37:13 AM
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Other than Ira Rennert’s Renco Group and Fiat, luxury supercar maker Koenigsegg is among the remaining bidders for General Motors’ Saab brand.
According to Swedish business daily, Dagens Industri, Saab has narrowed down its list of suitors to three and hopes to have a deal finalized in the coming weeks.
“According to sources close to GM the toughest battle is expected between U.S. billionaire Ira Rennert and Swedish carmaker Koenigsegg,” the publication reported said.
The newspaper said that the Koenigsegg family is...
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