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GM and Koenigsegg agree Saab sale

By Ben Pulman Motor Industry 16 June 2009 11:00 American car giant General Motors has signed a memorandum of understanding for the purchase of Saab by an investment group led by Swedish supercar manufacturer Koenigsegg. That's the deal. Supercar maker Koenigsegg Automotive, together with a consortium of private investors, has formed Koenigsegg Group, which has reached a ‘tentative agreement’ to buy Saab from GM.

Alfa's North America return pushed to 2013

Alfa Romeo's return to North America has been delayed at least a half year partly because Fiat-Chrysler CEO Sergio Marchionne is not satisfied with the design of the cars that will lead the brand's comeback in the crucial market, people with direct knowledge of the matter told Automotive News Europe. The delay also is a serious blow to Alfa in Europe because without the Giulia mid-sized sedan and station wagon the automaker will have one of the weakest premium brand lineups in Europe. Alfa parent Fiat S.p.A.

Saab 9-3 restarts production in Trollh

Would you look at that? They started building Saabs again. A bright future, perhaps, for the Sick Carmaker Of Europe, who after its excision from General Motors and dalliances with the Swedish government and the Dutch, was snapped up by an Asian conglomerate billing itself as National Electric Vehicle Sweden (NEVS).