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Saab future will be decided soon

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Directors of General Motors will meet in few days to determine what to do with Saab brand, the sales were canceled because of Koenigsegg. Along with the announcement that Koenigsegg will abandon the acquisition of Saab, future of the brand became uncertain, at least, there are few potential solutions for this.

GM could close Saab the same way that they closed Pontiac and Saturn brands. The best example in this situation would be closing the Saturn brand, whose understanding of sales to Roger Penske failed because the former American pilot was not able to find viable investors.

There is still possibility for Swedish brand to be saved by a foreign investor, there are already two potential claimants to this position. More specifically, the Chinese from BAIC and Americans from Merbanco bank seriously investigating the possibility to buy Saab. Both BAIC and Merbanco were among investors interested in acquiring Saab brand this summer, when GM has preferred those from Koenigsegg.

Andrei Ursu
the authorAndrei Ursu
Andrei is one of the oldest automotive journalists of Automotorblog and has written more than 3000 articles for our publication. He has been passionate about cars since he was a small child, and he joined our team of writers in 2009. In addition to his passion for cars, he is also passionate about music. In his free time, he composes songs and sings them, which also brought him real success in the musical field.

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