Saab Sale: Does Koenigsegg Have a Card Up Its Sleeve?

Thor Johnsen
by Thor Johnsen
saab sale does koenigsegg have a card up its sleeve

Bård Eker, the Norwegian partner in Koenigsegg Automotive, and Koenigsegg Group, appeared as one of the guests on Friday night’s regular Swedish/Norwegian talk show “ Skavland” this weekend (the following, translated conversation starts at 27:09). Mr Skavland, first talking a bit about Eker’s feelings about the broken deal, and how he felt visiting Trollhättan talking to Saab employees after the deal broke, he then asked Eker: “Is there a tiny chance you’ll try again? Saab isn’t sold yet…!” Eker smiles and answers “…we’ll see. Maybe!” laughing, shrugging his shoulders, audience cheering. Skavland: “how would you wanna do it?” Eker: “I don’t know…Seriously – we haven’t given it much thought. We’ll see…perhaps there’s a new opportunity. Maybe someone’ll give us a phonecall” Skavland: “So it’s not definitive that you’re out of the game?” Eker – laughing, glancing at his watch – “ long is this show?” Skavland says: “So, you’ll still want a Saab?”, Eker: “yeah, sure” Skavland: “Alright….?” and shifts to another subject. All the while Eker has a cunning smile on his face.

Now, what does this mean? Was the entire plug-pulling just another negotiations poker-play from KG? A way of getting the Swedish Government more involved? They’ve been quite ambivalent up until KG broke the deal, now they’ve sent representatives to meet with GM and plead for their precious Saab. Even though, as some in comments earlier mentioned, the “Scandinavian way” is not to save the business, but rather save the employees – no government likes watching a small community loosing their corner stone business. Or maybe Eker just loved the attention and the opportunity to make himself interesting. Which I doubt. I think they’re up to something.

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2 of 4 comments
  • Lorenzo Lorenzo on Dec 07, 2009

    The reason there are few comments may be that the login is acting up. It was for me. With the tooling for the new 9-5 being shipped to China, and GM ready to wind down the brand, Konigsegg's only option may be to buy the Trollhattan plant and get government financing to build high-priced, high performance cars that may or may not be called Saabs, keeping the Trollhattan workers employed. That may have been Konigsegg's business plan anyway, and it would be cheaper to pick up the necessary pieces than take over the brand's older tooling, dealer network and liabilities.

  • Kristjan Ambroz Kristjan Ambroz on Dec 08, 2009

    It's the tooling for the existing 9-5, not the new one, that was sold to BAIC. Maybe Koenigsegg really only got into it for the publicity alone - some recent reports on their cars were less than complimentary - i.e. short of a Veyron, there is nothing else that is as poor an automotive investment as a Koenigsegg (a recent Evo supercar ownership article gave it a complete thumbsdown on every single count) - which is saying something.

  • Kcflyer on one hand it at least wont have dirty intake valves like Honda's entire lineup of direct injection ice vehicles. on the other hand a CRV offers more room, more range, faster fueling and lower price, hmm
  • Tassos BTW I thought this silly thing was always called the "Wienermobile".
  • Tassos I have a first cousin with same first and last name as my own, 17 years my junior even tho he is the son of my father's older brother, who has a summer home in the same country I do, and has bought a local A3 5-door hatch kinds thing, quite old by now.Last year he told me the thing broke down and he had to do major major repairs, replace the whole engine and other stuff, and had to rent a car for two weeks in a touristy location, and amazingly he paid more for the rental ( Euro1,500, or $1,650-$1,700) than for all the repairs, which of course were not done at the dealer (I doubt there was a dealer there anyway)
  • Tassos VW's EV program losses have already been horrific, and with (guess, Caveman!) the Berlin-Brandenburg Gigafactory growing by leaps and bounds, the future was already quite grim for VW and the VW Group.THis shutdown will not be so temporary.The German Government may have to reach in its deep pockets, no matter how much it hates to spend $, and bail it out."too big to fail"?
  • Billccm I had a 1980 TC3 Horizon and that car was as reliable as the sun. Underappreciated for sure.