8.47pm last night - heard that Merbanco were out of the running. (bummer)
9.20 pm or so.... Spoke with Saab Sweden - no news. Anxiously waiting.
9.30 - 11.30pm - watched The Footy Show
11.30pm - Too many late nights. Been up to 1.30am most nights. Getting too much. Must go to bed.
12am - Start reading "In Cold Blood" by Truman Capote
12.55am - Turn off light.
1.08am - first email hits my inbox about KOENIGSEGG SIGNING LETTER OF INTENT TO FREAKING WELL BUY SAAB!!!!!!!!!!!!!!!
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Saab's official line - via email around 3 hours ago....
For the record:Investor situation
- There has been no GM or Saab Automobile announcement relating to potential investors
- However we will present the preferred candidate in the near future
- Until then we will not speculate on any potential investor identities
- We expect to have the new ownership structure finalized in the early summer
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My 2 cents coming in the next hour or so, including some Djup Strupery and why I'm sitting here way less excited about this announcement than what I thought I'd be.
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UPDATE - Thanks to Turbin for this updated photo...... :-)

Yes you missed something ;)
Now, tell us what the e-mails from Drup Strupe contains!
You do not overwhelmingly happy on the picture about the hopefull good news.
We in Sweden are going to bed now so You will have to teke the nightshift.
Surprise us tomorrow morning with some definate news!
yeap now it is time for us GMT+1-ers to go to bed:)
Ok, in all fairness to Bloomberg (cable), in the first special report about ninety minutes ago moderator thought it was REALLY cool, but their auto expert in Detroit seems to have been drinking so much GM Kool-Aid that he could not see why this was so cool.
And our footie-watching webmaster should indeed convert to our time zone. Much easier on all of us!
Good night all. I'm tucking in as well.
Warm thoughts to JÅJ. I hope he can breathe out a little easier now/soon.
My heart just slowed down enough to finally make me consider hitting the sack.
Get a big shovel (?) and start digging Swade!
Tremendous work you are doing by the way. I truly hope that Saab sends you a big wooden box sized about 2 x 5 x 1,5 meters containging something heavy when things have setteled down a bit. I bet you have sold more Saabs than the best Saab salesman on the best Saab dealer by running this site.
(Just as well I'm picking this baby up on saturday http://www.carandclassic.co.uk/car/C95530/)
ok, i needed to re-subscribe.
http://obamiconme.pastemagazine.com/entries/images/a7/60/1232341/original_image.png?1244757615
http://obamiconme.pastemagazine.com/entries/images/b1/ea/1232345/original_image.png?1244757671
“We are still working on the deal,” the person said, requesting anonymity because the agreement was incomplete. “It is not the done deal that some people in Sweden seem to think it is.”
ok, my subscription to this thread is still not coming through!
I have a better idea for Swade. Move him to Trollhattan and make him Saab's Director of Communications with a company 2010 9-5 Aero.
The news on spiegel-online says Koenigsegg buys SAAB.
.. just in case anyone is awake...
Check the link:
http://www.spiegel.de/wirtschaft/0,1518,630022,00.html
Enjoy!
"...GM is to announce it is in exclusive sales talks with the company, a person close to the talks said on Thursday. The deal is due to close by early this summer. ...Koenigsegg “has the best overall offer”, the person with knowledge of the deal said, but further details of its bid were not immediately available. The privately owned company, based Ängelholm, north of Malmo, sold just 18 cars last year, and is said to be interested in applying its knowledge of high-end niche sports cars to a higher-volume carmaker.
GM is putting more money into the deal than any buyer, a second person familiar with the sale told the Financial Times earlier this week, pledging $500m of assets and cash for the new company.
...
GM Europe and Koenigsegg could not be immediately reached for comment on Thursday evening. Saab’s cars have some ardent fans in the US, Sweden and elsewhere [TASMANIA????], but the brand was widely seen as a neglected stepchild under GM’s 19-year stewardship.
The Detroit carmaker’s most recent “Born from Jets” ad campaign playing up Saab’s heritage as an aircraft maker failed to ignite sales which peaked at 133,000 in 2006 and totalled just 98,000 last year. GM has failed to turn a profit at Saab since buying a stake in it in 1990. ..."
FT adds that Ford wants one to two billion for Volvo..
thanks JK for the English translation from Der Spiegel.
Btw. I doubt Ford can get anywhere near $2b. for Volvo, they're in big trouble there.
Go, Swade!!!
2) provides cover for Swedish government to go ahead with loan guarantees (Swedish/Nordic icon)
3) makes GM look good for 'doing the right thing' (has there been any profitable unit of GM the past 20 years?????)
4) have to assume Koenigsegg offer may be low on purchase price, but firm commitment from reliable deep pockets.
ok, signing off.
but got to say that I have NEVER been thrilled by premium sports cars (I am a female who likes safety and practicality and Nordic design), but I get more than a tingle when I see a Koenigsegg. A work of pure art. will sell my house in order to buy the Saab that looks like that...as long as it has a hatch :)
Very exciting news but I'm not convinced yet. Lets see the details as theyre confirmed.
It seems there is lots to iron out and I'm sure GM has some surprises in store, body in the trunk, cocaine in the door-cavity type surprises. Mind you it's clear to all that SAAB is not a one-owner, fastidiously maintained, always garaged, complete service records, type of purchase.
It was a beautiful fit with the specs apparently. Surely a race car lives somewhere in the CCX....
I don't know which Grizzly I like better... LOL!!!!
Been a fan of your site for years. I as well as my wife have been driving Saabs for a couple of years untill last year when my 9-5 Vector Combi had 185.000kms in 3 years and started to have smaller electrical problems I switched to the ugly beast named X5 since the children wanted 7 seats. Next car however will probably be a Saab again. My wife still enjoys her 9-3SE sport convertible (a Viggenlooking end of the series)
I would like to comment on your looks with a little movie that is a big hit in Belgium at the moment :
BTW koffiekoeken are danish pastries and badjas is bathrobe.
http://www.youtube.com/watch?v=HVnlVLwknj4
Keep on spreading the Saab-enthousiasm.
Thank you,
Barent