AutoPartsWorld.com: GM (NYSE: GM) Sells Saab - world auto parts

 

The Times reports the sale of Saab to a consortium of investors led by sports car maker Koenigsegg Automotive. The deal is contingent on $600 million in financing from a European Investment Bank. With sales of just 93,000 cars last year, the deal seems to be largely back end driven and is expected to close in the third quarter.

 

Read more about Norwegian entrepreneur Christian von Koenigsegg and the sale of Saab at GM (NYSE: GM) Sells Saab. Purchase your auto parts direct world wide with the largest selection and knowledgeable support for world auto parts including Saab Auto Parts?