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GM said it will continue to share technology and services with Saab during "a defined time period," and that Saab was close to launching several new cars developed with GM. Koenigsegg Group in June announced its intention of buying the ailing Swedish car brand from its U.S. owner. The consortium is led by the Swedish luxury car maker Koenigsegg Automotive AB, Norwegian investor Baard Eker and Fabela II, co-founder and former chairman of Russian telecom operator VimpelCom. Saab's managing director, Jan Ake Jonsson, welcomed the news. "This is an important step to secure jobs and our long-term future as a Swedish carmaker. In the short-term, it will enable us to move forward with exciting new cars starting this month with the all-new Saab 9-3X," he said. ___ On the Net: Koenigsegg: http://www.koenigsegg.com/ Saab: http://www.saab.com/
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