Co-owner of supercar maker says Saab must be more innovative
15 June 2009

A co-owner of Swedish supercar maker Koenigsegg has spoken for the first time about the company's proposed takeover of Saab.

Although there has been no official confirmation of Koenigsegg's takeover of Saab, it is mooted to be the front-running bidder. Saab' sale is expected to be announced this week.

Koenigsegg 'to buy Saab'

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Baard Eker, who owns 49 percent of Koenigsegg told the Swedish Dagbladet newspaper: "We think it is possible (to rescue Saab) and we have several good solutions to bring into Saab."

Responding to reports that Koenigsegg would split Saab up, Eker said: "Let me make one thing clear - we are not buying Saab only to chop it up."

Eker is a Norwegian entrepreneur and cautioned that obstacles may still emerge which could stop the sale.

He also confirmed that several investors are willing to finance the acquisition, but declined to name them or how much money they would contribute.

When asked what was the most important thing that he and Christian von Koenigsegg, the sports car company's founder, could bring in as new owners, Eker said: "Culture and technology. Saab needs to be more innovative."

Eker also said it was not their intention to let "many people go," but refused to be more specific.

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