Sweden edition

Koenigsegg

The following articles have been tagged with "Koenigsegg":

Ten Swedish brands everyone should know

Lifestyle: 8 Nov 11
While Ikea, H&M, and Ericsson are all well known Swedish brands, here's a list of ten more products and brands from the land of the midnight sun that any self-proclaimed Swedophile should also know. READ »

Crisis-hit Saab files for bankruptcy protection

Business & Money: 7 Sep 11
Swedish automaker Saab Automobile has applied for bankruptcy protection as it continues to battle mounting debts, according to a press release from owners Swedish Automobile. READ »

General Motors slammed in Saab sale exposé

Business & Money: 10 Sep 10
Jöran Hägglund, the Swedish government's representative at the heart of the deal to sell Saab has pointed the finger at US giant GM and 'foolish' opposition parties, in a revealing new book exposing the battle to save the firm. READ »

Saab suppliers recall redundancy notices

National: 24 Feb 10
The completion of the purchase of Saab by Dutch firm Spyker has led to several subcontractors withdrawing notices of redundancy. READ »

Saab enters new era

Business & Money: 26 Jan 10
Saab Automobile has been rescued from extinction as owner General Motors agrees to sell the iconic Swedish brand to Dutch sports car maker Spyker. READ »

Only one bidder for ailing Saab: report

National: 17 Jan 10
Dutch boutique car maker Spyker Cars is said to be the only remaining bidder for the troubled General Motors unit Saab Automobile based in Sweden. Saab is in the first stage of gradually being liquidated. READ »

Spyker chief: we've shown GM the money

Business & Money: 13 Jan 10
Saab can still be sold, Dutch sportscar maker Spyker insisted once again on Tuesday, claiming it had the money needed to purchase the Swedish brand. READ »

Deal to save Saab unlikely: GM head

Business & Money: 7 Jan 10
The CEO of General Motors expressed doubts on Wednesday about the likelihood of a last-minute deal to save Saab Automobile from being shut down. READ »

Swedish unions upbeat after Spyker talks

National: 22 Dec 09
Representatives for two of Sweden's formost trade unions met with with Spyker on Monday to discuss the Dutch sports car maker's last gasp bid for GM's beleaguered Saab Automobile unit. READ »

Unions urge GM to review new Saab bid

National: 21 Dec 09
Swedish union leaders are urging GM to consider Dutch sports carmaker Spyker's new offer for Saab. READ »

Saab closure sad but expected: Swedish media

Analysis & Opinion: 20 Dec 09
Weighing in over the weekend about the closure of Saab auto manufacturer, the Swedish media expressed regret but not surprise over General Motor's decision to wind down its Swedish operations. READ »

Saab: 60 years of love, debt and tears

National: 18 Dec 09
General Motors' announcement on Friday that it will wind down its lossmaking brand Saab Automobile brings an end to the iconic Swedish brand after six decades of car manufacturing. READ »

Sweden reacts with dismay to Saab closure

National: 18 Dec 09
The news that carmaker Saab is to be closed down by owner General Motors might have been expected, but it has been greeted with dismay in Sweden. READ »

GM set to wind down Saab

National: 18 Dec 09
US car maker General Motors is to shut down Saab as talks collapse with Dutch sportscar manufacturer Spyker over the acquisition of GM's Swedish unit. READ »

Spyker lined up to buy Saab: GM

National: 15 Dec 09
General Motors has revealed that Dutch sportscar maker Spyker is the only firm in the running for the acquisition of Saab Automobile. READ »

BAIC deal allows Saab to operate through first quarter: report

Business & Money: 15 Dec 09
Saab Automobile reportedly received 1.4 billion kronor ($200 million) from China’s Beijing Automotive Industry Holding Co. in exchange for access to some of the Swedish automaker’s technology. READ »

BAIC confirms purchase of Saab assets

Business & Money: 14 Dec 09
Beijing Automotive Industry Holding Co. of China confirmed on Monday it has reached an agreement with Saab Automobile to buy the intellectual property rights for certain assets of the struggling Swedish carmaker. READ »

Professor trashes Saab suitor Spyker

Business & Money: 11 Dec 09
Dutch luxury sports carmaker Spyker, which has expressed its interest in buying Saab Automobile, is an even less reliable potential suitor than Koenigsegg, claims a professor in industrial organization. READ »

Dutch luxury carmaker confirms interest in Saab

National: 2 Dec 09
A second niche luxury sports carmaker, Spyker, has confirmed it is interested in buying Saab Automobile. READ »

Sweden hails month- long Saab reprieve

National: 2 Dec 09
Union and government representatives in Sweden welcomed the Tuesday announcement by General Motors that the company was exploring "expressions of interest" from potential buyers for Saab Automobile. But concerns about Saab's possible demise remain. READ »

December sale or bust for Saab: GM

National: 1 Dec 09
Saab was granted an eleventh hour reprieve on Tuesday as owner General Motors said it would evaluate "expressions of interest". But GM said it will wind down its Swedish unit unless a buyer is found by the end of the year. READ »

'All hope is not lost for Saab': official

Business & Money: 1 Dec 09
The head of Saab Automobile, Jan Åke Jonsson, confirmed that General Motors is actively looking for new owners for the company’s Swedish division, following a meeting with GM management on Monday. READ »

GM, not Sweden, should find Saab buyer: minister

Politics: 27 Nov 09
Sweden's enterprise minister Maud Olofsson laid responsibility for the sale of Saab firmly at the feet of owner GM on Friday, hitting back at criticism from Saab CEO Jan Åke Jonsson. READ »

Renewed speculation over likely Saab buyers

National: 26 Nov 09
Rumours are circulating in Trollhättan, the western Swedish home of Saab Automobile, about renewed interest from buyers looking to purchase the Swedish automaker. Talks are also continuing with a number of Chinese car companies. READ »

War of words erupts over scuttled Saab sale

Politics: 25 Nov 09
A verbal spat has broken out between the political opposition and Sweden’s industry minister Maud Olofsson after Left Party leader Lars Ohly blamed the government for the failed sale of Saab. READ »

The Lowdown on classic car maker Saab

Analysis & Opinion: 25 Nov 09
Saab is a company steeped in glorious history. But as sports car maker Koenigsegg reverses out of its takeover deal, the GM-owned company is increasingly being viewed by analysts as a firm without a future. READ »

Swedish press: Saab 'damaged beyond repair'

National: 25 Nov 09
Sweden's main newspapers on Wednesday struck a gloomy tone about the prospects of Saab Automobile’s survival, the day after luxury automaker Koenigsegg ditched its plans to buy the troubled Swedish brand. READ »

The Lowdown on von Koenigsegg

Analysis & Opinion: 25 Nov 09
It sounded like a plot from a Bond film: a completely bald aristocratic inventor, sitting in his lair in a converted aircraft hangar, plotting the takeover of the iconic Saab car brand. READ »

Beijing car maker keeps Saab options open

Business & Money: 25 Nov 09
Beijing Automotive Industry Holding is weighing up its options after the Koenigsegg Group, of which it was to become a minority owner, broke off negotiations for the acquisition of Saab. READ »

Chinese firms could swoop for Saab: analyst

Business & Money: 25 Nov 09
The future of Saab Automobile is hanging in the balance after Swedish sports car maker Koenigsegg announced on Tuesday that it was pulling out of a deal to buy the iconic brand from General Motors. READ »

Koenigsegg backs out of Saab deal

Business & Money: 24 Nov 09
A group headed by Swedish sports car maker Koenigsegg has broken off negotiations over the purchase of Saab Automobile, the prospective buyer said in a statement. READ »

Questions from Brussels may threaten Saab sale

Business & Money: 4 Nov 09
An emergency loan vital to completing the sale of Saab Automobile has been held up by questions from the European Commission, possibly jeopardizing the proposed deal. READ »

European bank approves Saab loan request

National: 21 Oct 09
Saab Automobile has received permission to borrow 4 billion kronor from the European Investment Bank, the bank’s board revealed on Wednesday. READ »

Koenigsegg countdown to seal Saab deal

Business & Money: 26 Sep 09
The buy-out of Saab Automobile by the Koenigsegg Group hangs in the balance after co-owner Bård Eker states the company could withdraw its offer if business is not concluded in the next few days. READ »

GM set to pump billions into Saab deal

Business & Money: 15 Sep 09
General Motors is set to pay out an estimated 10 billion kronor ($1.4 billion) in a bid to ensure it completes the sale of its troubled Swedish subsidiary. READ »

Chinese automaker signs on to Saab deal

Business & Money: 9 Sep 09
Sweden's Koenigsegg Group has brought on Chinese auto company Beijing Automotive Industry Holding Co Ltd (BAIC) to secure the financing needed to buy Saab from General Motors, Koenigsegg said on Wednesday. READ »

Shanghai car maker to join Saab deal: report

National: 8 Sep 09
Koenigsegg Group has informed the Swedish government that it has put together the financial package necessary to purchase Saab Automobile, while a Swedish business paper reports that a Chinese firm is also set to invest. READ »

GM to fill Saab funding hole: report

Business & Money: 2 Sep 09
The Koenigsegg Group has found new investors to enable it to complete the purchase of ailing car maker Saab Automobile. Current owner GM has also said it will help fund the purchase, according to Swedish media reports. READ »

Reinfeldt fobs off Koenigsegg Saab plea

Business & Money: 20 Aug 09
The Swedish state has no intention of bailing out the Koenigsegg Group, the prospective buyers of Saab Automobile, Prime Minister Fredrik Reinfeldt has said. READ »

Sweden refuses to fill capital hole in Saab deal

Business & Money: 19 Aug 09
The Swedish government has refused a request from Koenigsegg Group to lend a further 3 billion kronor ($412 million) to enable the firm to complete the purchase of Saab Automobile AB from ailing US giant General Motors. READ »

GM confirms Saab sale

Business & Money: 18 Aug 09
US automotive giant General Motors has confirmed that it has signed a stock purchase agreement with the Koenigsegg Group regarding the sale of Saab Automobile to the Swedish-led consortium. READ »

Koenigsegg buys Saab

Business & Money: 17 Aug 09
The Koenigsegg Group, a consortium led by the Swedish sports car manufacturer of the same name, confirmed late on Monday evening that it has signed a binding deal with General Motors to seal the purchase of Saab Automobile. READ »

Koenigsegg silent over ownership rumours

Business & Money: 13 Aug 09
Koenigsegg Group, the consortium bidding to buy Saab Automobile, is remaining tight lipped about its ownership structure despite pressure from the Swedish government to display greater transparency. READ »

Saab hits brakes amid cash crunch

Business & Money: 30 Jun 09
Saab Automobile has the capacity to manufacture and sell more cars, but currently lacks the money it needs to do so. READ »

Questions abound in Sweden after Saab sold to Koenigsegg

Analysis & Opinion: 17 Jun 09
After General Motors announced plans to sell its lossmaking unit Saab to luxury sportscar maker Koenigsegg, questions abounded in Sweden over what the future holds for Saab, writes AFP's James Franey. READ »

Saab creditors accept massive write-down

Business & Money: 17 Jun 09
Saab Automobile’s creditors agreed on Wednesday to write down 75 percent of the automaker’s debts, reducing the burden facing the Koenigsegg Group by roughly 8 billion kronor ($1 billion). READ »

Koenigsegg buys Saab: confirmed

National: 16 Jun 09
Saab Automobile is to be sold to Swedish sports car maker Koenigsegg, Saab has confirmed. READ »

Saab takes new road after 20 years with GM

Business & Money: 16 Jun 09
The announcement by General Motors on Tuesday that it will sell Swedish automaker Saab to niche sportscar manufacturer Koenigsegg ends ties dating back 20 years with the Detroit auto giant. READ »

Koenigsegg 'confident' of Saab rescue

National: 14 Jun 09
Koenigsegg, the Swedish luxury sports carmaker set to buy Saab Automobile from US firm General Motors, is confident that the company can be rescued, the firm's co-owner said on Saturday. READ »

Koenigsegg 'no wet dream' for Saab: expert

Business & Money: 12 Jun 09
Despite the excitement generated by Thursday’s news that Swedish supercar manufacturer Koenigsegg was set to buy Saab, a number of automotive journalists in Sweden remain sceptical. READ »

Sports car maker buys Saab: report

Business & Money: 11 Jun 09
Sporty Swedish car maker Koenigsegg has teamed up with a group of Norwegian investors to buy Saab from General Motors, according to Swedish media reports. READ »

GM bankruptcy has 'no impact' on Saab: CEO

National: 2 Jun 09
The future of Saab Automobile will not be affected by the US bankruptcy filing of General Motors, Saab CEO Jan-Åke Jonsson said Monday. READ »

Saab sale narrows to 'two or three buyers'

Business & Money: 11 May 09
The sale of Swedish car maker Saab Automobile is entering its closing stages with only two or three interested parties remaining in the hunt for the firm. READ »

Hennes millionaire smashes world's fastest sports car

National: 21 Oct 06
A Swedish millionaire has crashed his rare Koenigsegg CCX sports car - just 18 hours after forking out 6.5 million kronor, or $900,000, for it. READ »

20 things to know before moving to Sweden

As diverse as Sweden is, there are a few societal norms that are distinctly Swedish. Understanding a handful of them will hopefully prepare you culturally before you relocate. When you're invited home to a Swede, you better be on time and take your shoes off, writes expat Lola Akinmade-Åkerström. Read more »

How far can English take you in Sweden?

Sweden is a country where almost everyone can speak English. So why bother to learn Swedish? Edina Varnagy from Hungary managed with English for a whole year but then found that Swedish could open doors – to a job, a social life and greater understanding. Read more »

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