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It looks like General Motors won't be unloading SAAB to Swedish company Koenigsegg Group, the automaker announced just a while ago. GM CEO Fritz Henderson expressed disappointment, saying "we're obviously very disappointed with the decision to pull out of the SAAB purchase... given the sudden change in direction, we will take the next several days to assess the situation and will advise on the next steps next week."

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GM's sale of Saab collapses; now what? originally appeared on BloggingStocks on Tue, 24 Nov 2009 17:20:00 EST. Please see our terms for use of feeds.

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