Koenigsegg will not seek Swedish Gov’t loan for SAAB – report
September 8, 2009 by Matt Brogan
A report published by Reuters Newsagency today has said that with Koenigsegg planning to finalise its purchase of SAAB within a few weeks, the group has announced that it will not be asking the Swedish government for any loan beyond that money already guaranteed by the European Investment Bank.
“They have presented us with a plan … we will look at it from our side and decide how credible it is,” said State Secretary Joran Hagglund. “As I understand it, they will present information on the matter in the coming days.”
Koenigsegg has reportedly secured an additional US$420 million on top of the EIB loan. During an interview with Swedish radio, Mr Hagglund did not reveal where that missing funding would come from.
No new investors in Koenigsegg have been registered in Sweden – and the company lost the funding of its American investor, Mark Bishop.
The supercar maker says it hopes to have SAAB acquired from current owner General Motors by the end of September.
Print it: 
That can only benefit Saab, perhaps now they will build better cars.
Saab always made reasonably good cars its just that GM’s bean counters took all their funding and poured it into trucks with 8 liter engines. SAAB can finally start living up to their “born from Jets” claim. the upcoming 9-5 with 2.8 liter turbo looks really interesting.
Yes GM screwed Saab over, my wife had a 9-5 several years ago, nothing but trouble and I know it wasn’t a one off, cause many of the rental fleet 9-5 had similar problems.
Koenigsegg will get it right.