Scant Hope for Saab in Wake of Koenigsegg Desertion

A wind-down of Saab Automobile AB is a likely scenario in the wake of Koenigsegg Group AB’s decision to abandon its acquisition of the struggling Sweden-based auto maker.

General Motors Co., which owns Saab and has been negotiating with Koenigsegg, says today it is considering its options and will disclose the “next steps” next week.

Koenigsegg, a boutique-brand manufacturer of ...

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