Tuesday, June 16, 2009

Koenigsegg-Saab will be a success, I’m sure

There are suddenly so many self-appointed automotive experts commenting Koenigsegg buying Saab from GM. Including Deputy Prime Minister Maud Olofsson. So why not add myself?

I think the agreement is very promising. Saab has been in the red from the very beginning of GM’s ownership, and hasn’t been able to develop new much needed innovations. I know from close inside sources that GM has only been a burden.

Koenigsegg will not only keep production in Sweden, but also liberate Saab from the heavy GM administration that efficiently has prevented Saab from inventing. Saab really needs to renew the innovation vigor it once had.

Almost all wanna-be authorities have dissed the agreement. I am convinced it will be successful.

This type of restructuring has happened in other line of businesses. Take the PC companies no one trusted as “serious”, which bought the old mini computer companies: Compaq successfully bought Digital Equipment for example. Or Dell that bought EMC.

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