There still is faint interest in Saab after Koenigsegg had pulled out. China’s BAIC, Merbanco Inc. and Renco Group Inc. have made advances to GM about Saab, says Bloomberg, quoting the usual “two people familiar with the situation.”
According to the report, no written proposals have been submitted and any new bids or other options will be reviewed at a board meeting on Dec. 1.
BAIC said a few days ago that they would “cautiously re-evaluate the situation and make appropriate plans.”
Merbanco is a Wyoming-based investor group. It had lost the bidding in June to Koenigsegg. Renco is owned by billionaire Ira Rennert.
6 Comments on “Saab Not (Quite) Dead Yet...”
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Why does this saga remind me of the John Clease trying to put the dying man on the cart in Monty Python’s Holy Grail, “I’m not dead yet!”
Where is that picture from? Wouldn’t mind visiting the place on my next cross country journey.
My guess would be somewhere in Oregon.
“Picture courtesy of oregonphotos.com”
:)
Not in Eugene area; probably Portland. It would explain the lack of 99s here; they seem to have all disappeared.
It’s in Jefferson, Oregon. Just South of Salem. Rod Beckner’s place. The page the photo is from has a second image more in tune with the reality of the place. Old Saabs, llamas and dogs all sharing the same place. Atomic in Portland sent me down there for a transmission rebuild, Rod did an awesome job.
There’s also an Oregon license plate on the blue car.
“I’m not dead yet!”
“But you will be soon”
“No, I’m feeling better…”