Wednesday, January 25, 2012

Saabs of our lives: Saab museum saved

News this morning from Trollhättan. It appears that the Saab automobile museum has been saved.  The city of Trollhättan, SAAB AB and The Wallenberg foundations have all stepped up to the plate with a combined bid of $28 million Kroner or $4.14 million dollars to save the museum from being broken up. Hemmings Motor News reports that some individual bids for cars were being accepted, but it is not known if the sales will go through or if all of the cars will remain in the collection. Saabs United reports that over 500 bids were submitted for the museums collection of cars. So right now the good news is, that even if Saab does end up going away at the end of bankruptcy proceedings, the history of the brand will continue on. 

Source: Hemmings Motor News, Saabs United