Well, tough break for GM! They have officially announced that Koenigsegg Group AB, used to be quit excited about the deal, just out of the blue terminates the whole purchase plan! They didn’t explain why! “We’re obviously very disappointed with the decision to pull out of the Saab purchase,” said GM President and CEO, Fritz Henderson. “Many have worked tirelessly over the past several months to create a sustainable plan for the future of Saab by selling the brand and its manufacturing interests to Koenigsegg Group AB. Given the sudden change in direction, we will take the next several days to assess the situation and will advise on the next steps next week.”
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