Rumor Central

One major hurdle has been cleared in Swedish supercar maker Koenigsegg’s hopes of acquiring Saab, as the European Investment Bank granted Saab a €400 million ($599 million) loan today.   more

As we anxiously await the arrival of the 2011 Saab 9-5 (it has been more than a decade since we've seen an all-new 9-5, mind you), it seems the outgoing model may continue to have a life of its own in China, thanks to the...  more

Swedish supercar maker Koenigsegg is working to buy Saab, GM’s Swedish brand, and is now one step closer to acquiring the brand, thanks to Beijing Automotive Industry Holdings (BAIC).   more

After showing countless teaser photos, Saab finally revealed the long-awaited 2011 9-5 ahead of its public debut at the 2009 Frankfurt motor show.   more

General Motors announced today that it signed a stock purchase agreement with Swedish supercar maker Koenigsegg regarding the sale of its Saab subsidiary.   more

A major investor in the automaker that may purchase Saab from General Motors has sold his stake in the company to a new owner, a Swedish newspaper has reported.   more

Even though the Swedish automaker is no longer a part of GM, the 2011 Saab 9-4X crossover, developed under the auspices of the General, is still headed for production.   more

Now that General Motors has signed a memorandum of understanding with supercar builder Koenigsegg to offload Saab, GM has found buyers for all of the brands it planned to shed.   more

Swedish news sources reported today that automaker Koenigsegg and a group of Norwegian investors will purchase the struggling Saab brand from General Motors.   more

Saab says it has narrowed down the list of potential buyers from 27 last month to two or three. The Swedish automaker hopes to complete the sale sometime this summer.   more

As General Motors is working to prepare a more rigorous business plan to meet the requirements of the auto task force, Saab is in its own talks to save itself once GM lets the Swedish brand go.   more

GM's ailing Swedish subsidiary has been in contact with 20 potential buyers, up from five announced early last month . Saab's lawyer said a sale is expected by June. The interested parties include investment companies and...  more

Call it an amicable divorce. GM may be looking to unload Saab as part of its viability plan, but it still wants to share technology - and possibly vehicle platforms - with the Swedish automaker for the next five years.   more

Residents of the city of Trollhattan, Sweden, fear the results of the hard-nosed approach that the government has taken with Saab will be bad. When asked about Saab's desperate financial situation, enterprise minister Maud...  more