Yet another GM sale falls through, this one for Saab

24 Nov 2009

Swedish supercar maker Koenigsegg Group AB has terminated its agreement to buy the Saab brand from General Motors Co, Automotive News has just reported.

“We’re obviously very disappointed with the decision to pull out of the Saab purchase,” GM CEO Fritz Henderson said in a stateme

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Sharon Hill

Sharon Hill has been a senior writer / analyst with the AIM Group since 2004, except for a two-year time-out to serve as sales and marketing manager for Suburban Newspapers of America. She worked at newspapers in California, the Carolinas and Indiana as a classified advertising sales supervisor and manager, and in newspaper circulation in Alaska. At the SNA, she was responsible for bringing in new members; lining up exhibitors, and helping develop programs for the classified conference and the classified alliance. She is also co-author of “Implementing and Managing Telework: A Guide for those who make it Happen” (Praeger Press) and a prolific blogger and social media user. She is based in Phoenix.