Volvo and Geely?

So, Saab was bought by Koenigsegg, a luxury sports car manufacturer extraordinaire. Volvo, on the other hand, doesn't seem to be as lucky, as it appears they are in the process of being bought by Chinese car manufacturer Geely, who are best known for their fine selection of metal death traps, or "death vessels" as China Car Times calls them, and their embarrassing and poor copies of well known car models.

I'm guessing acquiring Volvo is a way to improve the safety of these cars by utilizing Volvo's technology. It's harder to see what Volvo could possibly get out of this marriage. Not much, I'd say.

Koenigsegg and Saab

It seems true then, that Koenigsegg will be buying Saab Automobile, backed by a number of large investors.

Will this mean that Saab will finally get to broaden their model palette, and actually get some of their pretty cool concept cars into production during my lifetime? And will they possibly include some fancy schmancy technology from Koenigsegg as well?

I know I wouldn't mind a Saab 9-3 with a 800+ hp BioFuel engine...

No matter what the future brings it's still bound to be a much better deal than Saab ever had over at GM.

Photo: createordie