Koenigsegg Agera R specs revealed! Still impressive!

Swedish supercar maker Koenigsegg has finally divulged the details of the Agera R and its high-speed ski box that were unveiled at the 2011 Geneva Motor Show. The Agera R can sprint from... Read more

2011 Geneva Motor Show Preview: Koenigsegg Agera R

Koenigsegg announced that at the 2011 Geneva Motor Show will bring the mighty Agera R, an extreme version of the Agera supercar. The car will be powered buy an impressive 5.0-liter... Read more

Koenigsegg delivers first Agera R to Oman Royal Family

Only in the Arabic world will you see the most exhilarating ways to burn petrol. In fact, its roads are filled with an unimaginable array of supercars, hypercars and luxury... Read more

Koenigsegg to take on Bugatti’s Veyron Super Sport speed record

Koenigsegg is considering its options on how to beat the top speed world record that Bugatti Veyron had set recently. Just last month, Bugatti brought its Veyron 16.4 Super Sport to the... Read more

BAIC wants to invest in Saab

The Beijing Automotive Industry Holding Corporation, which now wants to partner with Saab, had actually been involved in a failed attempt to purchase Saab from General Motors. BAIC CEO... Read more

Breaking News: Koenigsegg buys Saab

According to the latest reports, it appears that General Motors signed a letter of intent to sell the Saab brand to Koenigsegg, the Swedish supercar manufacturer and a group of Norwegian... Read more

Saab sale to be reached in the summer of this year

Last month there were 27 in the list of potential buyers, but the Swedish automaker Saab says that it has narrowed that down to two or three and expects the sale to be reached in the... Read more

Saab may still require aid from Swedish government

According to a Swedish minister Saab may still require loan guarantees from the Swedish government in spite of its impending takeover by Koenigsegg. This is because the government is... Read more

Saab takeover in doubt

Unconfirmed reports during the weekend reveal that investors had pulled out of a deal for Koenigsegg to takeover Saab from General Motors. Last June, Koenigsegg, with the support of... Read more

Koenigsegg is one of the bidders left for Saab

There are reports saying that Koenigsegg, the Swedish supercar manufacturer, is one of the bidders left for Saab. The other bidder has been identified as Ira Rennert, an American... Read more

Potential bidders submit their proposals to purchase Saab

Bidders in Sweden and the Netherlands are expected to submit their proposals right before the opportunity to purchase Saab closed. The Jan. 7 deadline for the sale of the Swedish car... Read more

Saab’s future looking good and…green

Baard Eker, Koenigsegg designer and owner of 49 percent of the company, is the key person in the Saab takeover by Koenigsegg. He has been instrumental in convincing investors in Norway,... Read more

Saab’s new owner will reject 81 of Saab’s 218 U.S. dealerships

Koenigsegg, the new owner of Saab, will be rejecting numerous Saab US dealerships, leaving only 137 of the 218 existing stores, according to General Motors Co. spokeswoman Ryndee Carney.... Read more

European Investment Bank grants Saab a EUR400 million loan

After weeks of talks, the European Investment Bank granted Saab a EUR400 million ($599 million) loan, bringing Koenigsegg closer to its target of acquiring Saab. In an interview with... Read more

Koenigsegg presents its new Saab financing plan

The Swedish government is currently mulling a proposal by the Koenigsegg Group AB relating a new plan to finance its purchase of Saab Automobile. Koenigsegg Group is a consortium of... Read more

SAIC considers taking a stake in Saab

Although the size of the investment has not been decided, it is being speculated that SAIC Motor group, China's largest car manufacturer, will take a stake in Saab Automobile in... Read more

Koenigsegg to buy Saab from General Motors in October

Swedish luxury sports car maker Koenigsegg is aiming to finalize a deal to purchase Saab from General Motors Co. and it intends to do just that by the end of October.

Christian von... Read more

Official: General Motors has reached an agreement to sell Saab

An agreement has been reached between GM and a group led by Swedish supercar maker Koenigsegg for the sale of Saab. The agreement included a $600 million of assistance from the European... Read more

Report: GM board meets to discuss about Saab

The most likely outcome of Saab is closure, according to various auto analysts. The General Motors Co. board will meet to decide on the unit's fate, which until recently, had been set to... Read more

Two possible buyers for Saab, says GM

A General Motors Co. board meeting will take place in a few days to decide whether to eliminate the Saab brand or to continue with attempts to sell it. There isn't any dearth of... Read more

Official: GM finalizes an agreement to sell Saab to Koenigsegg

Despite uncertainty swirling around the deal, General Motors has finalized an agreement to sell 100% of Saab to Koenigsegg Automotive. Last June, a preliminary deal was struck however;... Read more

Report: GM has to decide this week to sell or not its Saab brand

General Motors Co. has to decide if it will sell its Saab unit this week or else, it will be "tough to complete a deal," according to Joran Hagglund, state secretary at Sweden's... Read more

Breaking News: Koenigsegg drops plans to buy Saab

This new just dropped in! It appears that Koenigsegg, the well-known Swedish car manufacturer, is stopping the deal buy Saab Automobile from General Motors. "We're obviously very... Read more