American investor Mark Bishop is said to be leaving the Koenigsegg Group and the acquisition of General Motor’s luxury brand Saab.

Mark Bishop, called the “Saab ghost” in Swedish media because of his withdrawn manners, is said to be leaving the Koenigsegg Group and the planned purchase of General Motor's Sweden-based car brand Saab.

The American investor holds 22.2 percent of Koenigsegg Group. But according to business daily Dagens Industri Mark Bishop has gotten “cold feet” due to massive attention the deal has brought upon and the presumptuous demand for information about his private finances. 

“There are those who do not like to be seen. Apparently they think what happened so far has been too much. So it's going to be some changes [in the Koenigsegg Group]”, Jöran Hägglund, the Ministry of Industry’s chief negotiator in the automobile industry, said to daily Göteborgs-Posten last week.

During the acquisition process, Mark Bishop has consequently refused to talk with the media. A former colleague to the San Diego-based investor said to Dagens Industri: “He is like a ghost”.

Still, Jöran Hägglund wants to make it clear that the acquisition is not likely to crack just because one investors steps down. The government has promised to clarify the situation for the public within soon – and has urged Koenigsegg to do the same.

There are many loose ends to the deal. The investors backing up Koenigsegg Group are still unknown to the public, the government is in the dark on how much the Koenigsegg Group would invest in Saab and the group has been criticized for probably not having enough capital to run a loss-making company in Saab’s size.

Saab is currently under creditor protection. The reorganisation will be allowed to continue until August 20.

According to official data Koenigsegg Group has five executives: American Augie K Fabela (Chairman), Norwegian Bård Eker and Mark Bishop. American Melissa Schwartz is Deputy Director and Christian von Koenigsegg, who founded the sports-car maker in 1994, is President.