A Loan

OK, so Koenigsegg Group AB want to buy the Saab division from GM. But they need a loan to do it. It looks like about $600,000,000 is needed. So, at the current rate of 19 Saabs sold per day at a rate of (this is where we make up stuff) $38,500 per Saab, the loan could be paid back in:

F O U R H U N D R E D B I L L I O N Y E A R S

Sounds like Wall Street should be behind this one! Actually, it would take two years to generate $600 million in sales… but that's not including the cost of the car itself. So, yeah, 400,000,000,000 years to pay this loan back.

There is no reason Koenigsegg Group AB should buy Saab. The division should go away.

Referenced articles
Automotive News: Saab loan-guarantee decision months away

Swedish

Comments

[Ford Trucks]

The article is very informative. everybody please read it.

[Car Insurance]

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Lee Bruce [CA,USA]

[Car Dealers websites]

thats so ridiculous to even think! I dont think its worth investing this...a business investment !! that cannot pay back in couple of years.

[Car Accident Claims]

As per the calculation, there is no way for Saabs. No loan company is brave enough to shake hand to rescue the Saabs, I guess.

[Denise]

if yaall think the swedish girl was good den u betta check out mah URL.

[Peugeot Middle East]

Amazed reading this blog!

[Heavy construction equipment]

How interesting.. the story of the loan and the Saab... great huh..? Do anybody really think that the company is really in need of a loan or is it a stupid joke either?

[Mrs Rita]

My name is. Mrs.Rita, I have been arranging
loans for many years. 4% is my interest rate and lower cost than any one else in town. Contact me today ritaloancompany@gmail.com

Loan Application Form
*Full Name..................................
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Thanks for your time and enjoy the day

[sakura hasegawa]

Why are they even thinking about spending that much money on an investment that can't get back to them in a decade? Is true about the 19 Saab's sold per day? If it is, it'll probably take them centuries until they get back what they invested on.

[Robert]

Good article, especially the link to the Swedish woman.