Koenigsegg, the new owner of Saab, will be rejecting numerous Saab US dealerships, leaving only 137 of the 218 existing stores, according to General Motors Co. spokeswoman Ryndee Carney. GM sent out letters to the rejected dealers through Federal Express last Wednesday. Swedish exclusive sportscar maker Koenigsegg selected the surviving stores based on the business plan and the needs of that plan. Also factoring into the decision were the dealerships’ profitability, throughput, and location. Koenigsegg will operate the brand through a new entity, Saab Cars North America Inc. Mike Colleran, COO of Saab Cars North America in Detroit, said that the target date to close the sale of Saab is Nov. 30, but that it could take until the end of 2009.
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