Editing Koenigsegg (section)

===Attempted purchase of Saab===
On 12 June 2009, the media reported that Koenigsegg Group, consisting of Koenigsegg Automotive AB, Christian von Koenigsegg, Bård Eker and a group of investors led by Mark Bishop had signed a [[letter of intent]] with [[Saab Automobile|Saab]] to take over the brand from [[General Motors]]. General Motors confirmed on 16 June that they had chosen Koenigsegg Group as the buyer of Saab Automobile.<ref name="Forbes2">{{cite news |url=https://www.forbes.com/2009/06/16/saab-koenigsegg-update-markets-equity-autos.html |title=Koenigsegg Offers Saab Salvation |work=Forbes.com |date=16 June 2009 |access-date=16 June 2009 |first=Vidya |last=Ram |archive-date=16 September 2017 |archive-url=https://web.archive.org/web/20170916183807/https://www.forbes.com/2009/06/16/saab-koenigsegg-update-markets-equity-autos.html |url-status=live }}</ref> The deal, set to close 30 September 2009, included {{USD|600 million}} in financing from the [[European Investment Bank]], guaranteed by the Swedish government. By comparison, in 2008 Koenigsegg with its staff of 45 produced 18 cars at an average price of {{USD|1 million each}}; Saab employed 3,400 workers and made more than 93,000 cars.<ref name="DieWelt1">{{cite news |url=https://www.welt.de/international/article3940190/General-Motors-sells-Saab-to-Koenigsegg.html |title=Sweden: General Motors Sells Saab to Koenigsegg |first1=Veronica |last1=Ek |first2=Sven |last2=Nordenstam |newspaper=Die Welt |date=17 June 2009 |access-date=27 February 2014 |archive-date=19 November 2010 |archive-url=https://web.archive.org/web/20101119063755/http://www.welt.de//international//article3940190//General-Motors-sells-Saab-to-Koenigsegg.html |url-status=live }}</ref>

General Motors announced on 18 August that the deal had been signed, although certain financing details remained to be completed. On 9 September 2009, Koenigsegg announced that [[BAIC]] was going to join as a minority stakeholder in Koenigsegg.<ref name="CisionWire1">{{cite press release |url=http://news.cision.com/koenigsegg-group-ab/r/koenigsegg-group-ab-signs-mou-with-beijing-automotive-industry-holdings-co--ltd--baic--regarding-saab-automobile-ab,c445878 |title=Koenigsegg Group AB signs MOU with Beijing Automotive Industry Holdings Co. Ltd (BAIC) regarding SAAB Automobile AB – Koenigsegg Group AB |via=Cision Wire |date=9 September 2009 |access-date=27 October 2016 |archive-date=27 October 2016 |archive-url=https://web.archive.org/web/20161027124949/http://news.cision.com/koenigsegg-group-ab/r/koenigsegg-group-ab-signs-mou-with-beijing-automotive-industry-holdings-co--ltd--baic--regarding-saab-automobile-ab,c445878 |url-status=live }}</ref>

In November 2009, Koenigsegg decided not to finalise the purchase of Saab and therefore left the negotiations. Koenigsegg stated that its decision was due to the uncertain timing of finalisation of the takeover.<ref name="SanDiegoUnionTribune1">{{citation|url=https://www.sandiegouniontribune.com/sdut-saab-future-unclear-as-sale-to-swedish-firm-fails-2009nov24-story.html|title=Saab future unclear as sale to Swedish firm fails|access-date=25 July 2022|publisher=Associated Press|first1=Tom|last1=Krisher|first2=Dee-Ann|last2=Durbin|work=Yahoo News|date=24 November 2009|archive-date=25 July 2022 |archive-url=https://web.archive.org/web/20220725195252/https://www.sandiegouniontribune.com/sdut-saab-future-unclear-as-sale-to-swedish-firm-fails-2009nov24-story.html|url-status=live}}</ref>