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Volvo could become Saab part-owner

06/15/2009, 12:47 PM

By Andrew Ganz

Should Saab be sold to Swedish sports car manufacturer Koenigsegg, as reports out of the Northern European country have indicated, a very small portion of the Trollhattan-based automaker would ironically be owned by its cross-country arch rival, Ford-owned Volvo.

That would be an awfully small share, however, as Sweden’s Dagens Industri reports that Volvo controls just 3,750 shares of Koenigsegg, which it received in exchange for allowing the high-performance carmaker to use its wind tunnels.

The share of Koenigsegg is so small that even Volvo’s home country spokesperson was caught off guard.

“I don’t know of any holdings [in Koenigsegg] and I haven’t been able to find any information”, Stefan Elfström told the newspaper.

Koenigsegg lists 111 different owners, though the majority of the company is held by Eker Group, a Norwegian holding company, and founder Christian von Koenigsegg.

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06/15, 1:00 PM

posted by:

Borat

Scandinavian inbreeding.

06/15, 1:08 PM

posted by:

spg900

If you ask me. a Swede and a Norwegian make for a cute baby.

06/15, 1:21 PM

posted by:

shaver

Hopefully it will look like Tigers wife and drive like Petter Solberg. Not vice-versa.

06/15, 1:35 PM

posted by:

spg900

shaver – That’s great !

06/15, 1:46 PM

posted by:

johnnycanuck

3,750 shares? They’re just lucky this isn’t Porsche or they’d be planning a takeover.

06/15, 2:08 PM

posted by:

Borat

Johnny, those a vikings, not Nazis.

06/15, 2:21 PM

posted by:

Blakkarr

FORD still owns VOLVO? Okay… FORD via VOLVO becomes a part owner of SAAB?

Okay…

06/15, 6:01 PM

posted by:

Payton Byrd

Ford should buy Saab and sell both under one roof

06/15, 6:18 PM

posted by:

SoCalFiveO

you hardly see saab on the road but ill admit some of the newer models are pretty good lookin….

06/15, 7:38 PM

posted by:

AutoCritical

………And the result of all this may result in a car that has two heads! …ahem.. rather 4 headlamps!

06/15, 10:02 PM

posted by:

status

can saab just die already?

06/15, 11:06 PM

posted by:

spg900

status -if you mean as crappy, souless GM’s… it’s done. Hopefully, saabs will mean something again (even though it’ll always be a niche vehicle ).

 
 
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