Saab’s creditors accept write-down of $1 bln debt after news about new owner

STOCKHOLM — GM unit Saab’s creditors on Wednesday approved the write-down of 8.1 billion kronor ($1 billion) of the Swedish car maker’s debt as part of the company’s reconstruction.

GM signs deal to sell Swedish unit Saab to super car maker Koenigsegg

STOCKHOLM — Saab Automobile, General Motors Corp.’s struggling Swedish unit known for its family cars, was rescued Tuesday by a consortium led by Koenigsegg Automotive AB, a tiny company that produces only a dozen custom-made super cars a year.

GM signs deal to sell Swedish unit Saab to luxury sports carmaker Koenigsegg

STOCKHOLM — Saab Automobile, General Motors Corp.’s struggling Swedish unit known for its family cars, was rescued Tuesday by a consortium led by Koenigsegg Automotive AB, a tiny luxury carmaker which produces only a dozen custom-made models a year.

GM signs deal to sell Swedish Saab unit to luxury sports carmaker Koenigsegg

STOCKHOLM — General Motors Corp. on Tuesday said it has signed a deal to sell its Saab unit to a consortium led by Swedish luxury sports carmaker Koenigsegg Automotive AB.

GM’s Saab says talks ‘on track’ to find new owner; reports say Swedish Koenigsegg plans to buy

STOCKHOLM — General Motors Corp.’s Saab unit said a deal to find a new owner was “just around the corner” but added that nothing has been finalized and didn’t name any potential buyers.