Koenigsegg Agera Revealed

Believe it or not, Koenigsegg is 15 years old. Just a few years since it was first reported to be in bankruptcy trouble, Koenigsegg even tried to buy out Saab last year. Looks like Koenigsegg’s prospects are good.

And they’re back in their element with the launch of the Koenigsegg Agera – proof that the horsepower wars isn’t over just yet. The Agera just happens to have 910 horsepower. It might not give the Bugatti or SSC a reason to start shitting their pants, but it’s 910 bhp is still nuclear.

The car is powered by the same 4.7L V8 from the CCX but its been twin-turbocharged for good measure to allow the engine to dish out that much hp and a max torque of 737 lb-ft. The figures allow the car to go from 0-62 mph in just 3.1 seconds and a top speed of more than 240 mph.

The Agera isn’t designed to replace the CCX or the CCXR and will be built alongside these models in Koenigsegg’s Sweden plant.

Saab Get Prospective Buyers

Two, in fact.

Saab is in real danger of being shut down after the talks between General Motors and Koenigsegg fell suqare on its ass last week.

Now, Beijing Automotive (BAIC) and Merbanco (a Wyoming-based bank) have expressed interest in acquiring the Swedish automaker currently-owned by GM.

The two companies have been part of the top bidder just before GM and Koenigsegg started more definitive talks. BAIC is actually a minority partner in the Koenigsegg deal.

GM has been unloading its brands after its declared bankruptcy earlier this year due to the recession.

Koenigsegg Saab Deal Off

More corporate news today. And the hopes of a more united Swedish car making front are gone as Koenigsegg withdraws its offer to buy Saab from GM.

“We’re obviously very disappointed with the decision to pull out of the Saab purchase,” GM boss Fritz Henderson

GM is having a hard time unloading their European brands. GM Just some time back, the Magna offer to buy Opel also fell square on its ass.

Koenigsegg has been in talks with GM to acquire Saab for six months. Details regarding the resons for backing out are scarce at this time.

GM previously announced that Saab will most likely to be closed if they fail to unload the brand by the year’s end. Looks like Saab will be shut down.