New Saab owner to terminate 81 U.S. dealerships

Newswire

DETROIT, Nov 13 (Reuters) - Swedish carmaker Koenigsegg will terminate more than a third of U.S. Saab dealers when it completes its purchase of the premium brand from General Motors Co [GM.UL], GM said in a letter to dealers on Thursday.

The new owner will reject 81 Saab dealers in the United States, while moving forward with the remaining 137 dealers after the deal closes by a targeted date ...

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