Koenigsegg to buy SAAB

[badgerx16]

http://news.bbc.co.uk/1/hi/business/8102432.stm

How can a firm that employs 45 people and makes 18 cars a year buy out a GM subsidiary ?

Imagine what they could do if it was the AERO division rather than the cars :D

[Ponty]

Because GM have been put into liquidation and their assets are being sold off cheap.

[Saint Martini]

And because the Swedish government will guarantee the loan from the EIB that Koenigsegg need to buy Saab.