General Motors Corp. and Koenigsegg Group AB, a consortium led by Koenigsegg Automotive AB, today confirmed the details of a memorandum of understanding for the purchase of Saab Automobile AB that secures Saab’s future. (more…)
Tag: General Motors Corp
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General Motors and Koenigsegg Reach Agreement on Saab
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GM reaches deal to sell Hummer
General Motors Corp., announced it has entered into a memorandum of understanding (MoU) with a buyer for HUMMER, its premium off-road brand. This transaction is the result of GM’s strategic review of the HUMMER brand and the company’s ongoing restructuring efforts. (more…) -
Project P.U.M.A.
General Motors Corp. and Segway today demonstrated a new type of vehicle that could change the way we move around in cities. Dubbed Project P.U.M.A. (Personal Urban Mobility and Accessibility), GM and Segway are developing an electrically powered, two-seat prototype vehicle that has only two wheels. (more…)