{"id":261,"date":"2009-08-18T00:00:00","date_gmt":"2009-08-18T00:00:00","guid":{"rendered":"http:\/\/blog.njstateauto.com\/auto-industry-news\/buyers-considering-used-saabs-in-new-york-may-be-interested-in-automaker-takeover\/"},"modified":"2009-08-18T00:00:00","modified_gmt":"2009-08-18T00:00:00","slug":"buyers-considering-used-saabs-in-new-york-may-be-interested-in-automaker-takeover","status":"publish","type":"post","link":"https:\/\/www.njstateauto.com\/blog\/buyers-considering-used-saabs-in-new-york-may-be-interested-in-automaker-takeover\/","title":{"rendered":"Buyers considering used Saabs in New York may be interested in automaker takeover"},"content":{"rendered":"

Koenigsegg, the maker of million dollar sports cars in Sweden, has agreed to a deal with General Motors to take over the Saab<\/a> line of cars, and buyers considering used Saabs in New York may want to take a look at older models before any changes are made.<\/p>\n

The agreement was announced today, with the deal set to be completed by the end of the year if the European Investment Bank guarantees a $600 million loan to Koenigsegg, reported Bloomberg. It represents a move from supercars to a full product line with volumes in the hundreds of thousands.<\/p>\n

“It is good that the ownership question for Saab now gets clearer but there are still several steps left before it is completed,” Swedish Industry Ministry State Secretary Joeran Haegglund told the news provider.<\/p>\n

The two automakers plan on sharing resources and development facilities during the transition to Swedish ownership, but Koenigsegg has said that it will work to “transform” the automaker into a profitable venture, which could mean models with different appearances than used Saabs in New York, according to Automotive News.<\/p>\n","protected":false},"excerpt":{"rendered":"

Koenigsegg, the maker of million dollar sports cars in Sweden, has agreed to a deal with General Motors to take over the Saab line of cars, and buyers considering used Saabs in New York may want to take a look at older models before any changes are made. The agreement was announced today, with the […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5,40],"tags":[],"yoast_head":"\nBuyers considering used Saabs in New York may be interested in automaker takeover<\/title>\n<link rel=\"canonical\" href=\"https:\/\/www.njstateauto.com\/blog\/buyers-considering-used-saabs-in-new-york-may-be-interested-in-automaker-takeover\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Buyers considering used Saabs in New York may be interested in automaker takeover\" \/>\n<meta property=\"og:description\" content=\"Koenigsegg, the maker of million dollar sports cars in Sweden, has agreed to a deal with General Motors to take over the Saab line of cars, and buyers considering used Saabs in New York may want to take a look at older models before any changes are made. 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