With General Motors having all but finalised the sale of Hummer, Saab is next. Reports from Sweden today suggest the company has narrowed the potential buyers to two, supercar manufacturer Koenigsegg and US financier Ira Rennert (Renco Group).
Having recently visited the Koenigsegg factory to film the CCX, as well as interviewing owner Christian Von Koenigsegg, we can't hold back our enthusiasm for the potential collaboration between Koenigsegg and Saab.
Koenigsegg is currently in the final stages of developing an electric car powered by technology that promises to revolutionise the electric car market. Any collaboration with Saab would mean a direct path to mass producing ultra efficient electric cars, a prospect that makes perfect sense.
How soon before we know? "This can go fast now and should absolutely be wrapped up in a maximum of two weeks" Saab's chief executive, Jan-Ake Jonsson, told Dagens Industri. A letter of intent with a "serious buyer" is expected to be ready before mid-June.
It's been reported that Italy's Fiat is also in talks but is not a preferred candidate.
Saab troubles came to light earlier this year when it sought protection from creditors in February. The Swedish manufacturer currently has until August 20 to find a new owner and begin a restructuring process.
Do you think it makes sense for Koenigsegg to buy Saab?