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Saab bidding closed, buyer announced soon

We should know the buyer of Saab soon The Swedish press have been told that the bidding on Saab has now closed and that the successful buyer will be announced shortly. It’s amazing how much interest – and speculation - there is around the demised Saab; so much so we’ve probably reported as much on Saab after its demise as we did when it was in the throes of turmoil. Saab’s administrator, Hans Bergqvist, has revealed that the bidding process is now closed and that he will be talking to Saab stakeholders to discuss the bids and confirm which of the number of bidders is successful.

McLaren MP4-12C by Mansory heading for Geneva 2012

The Mansory take on the McLaren MP4-12C German tuners Mansory are heading to the Geneva Motor Show with their take on the MP4-12C – the Mansory McLaren MP4-12C. When we heard that German tuners Mansory were taking a Mansory McLaren MP4-12C to the Geneva Motor Show this year, we did wonder what we were in for. After all, Mansory are as capable of destroying a car (like the Mansory Rolls Royce Ghost) as they are of enhancing it (like the Mansory Aston Martin DB9).

GM, Koenigsegg sign deal on Saab sale

General Motors Co. reached a deal Tuesday to sell its money-losing Swedish subsidiary Saab to Koenigsegg Group AB. The companies signed a stock purchase agreement that would give the tiny Swedish supercar maker 100 percent of Saab's shares, GM Europe said in a statement.