
GM will sell SAAB to Spyker
January 26th, 2010 admin

Posted on 01.26.2010 17:20 by Terence Keon Filed under: Saab Spyker | Europe | industry news | Cars | Car News After a lengthy back and forth between the American automotive giant General Motors and the Dutch based super car builder Spyker , the pair have finally entered into a binding contract regarding the sale of the Swedish automaker SAAB . According to GM vice president for corporate planning and alliances, John Smith, “Today’s announcement is great news for Saab employees, dealers and suppliers, great news for millions of Saab customers and fans worldwide, and great …
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A curious logic behind Spyker’s move to buy Saab could soon be revealed – the Dutch company’s purchase of Saab could help to make its supercar arm profitable for the first time since it went public in 2004. How so? Well, part of the plan seems to be to get Saab dealers to sign up…
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Spyker has saved Saab from the great wrecking yard in the sky, now that shareholders have approved a deal to buy the automaker from General Motors. This is a good thing, and we hope it works out for the best. GM never seemed quite sure what to do with Saab, which is a bit quirky (in a good way). Spyker has its own quirks, so it should jell quite...

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Jan Ã
ke Jonsson, MD – Saab, and Christian von Koenigsegg, CEO – Koenigsegg General Motors Co. today confirmed it has signed a stock purchase agreement with Swedish supercar manufacturer, Koenigsegg Group AB , regarding the sale of 100% of the shares of Saab Automobile AB….
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Last week, Saab announced that it closed a deal on the sale of certain Saab 9-3, current 9-5 and powertrain technology and tooling to Beijing Automotive Industry Holdings Co. Ltd. (BAIC). Today they announced that the intension to sell Saab Automobile AB to Spyker Cars will not be concluded. This follows after the withdrawal of
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One week out from the General Meeting of Spyker shareholders, more information on the Dutch supercar maker’s plans for the future of Saab has come to light. Operating under the Saab Spyker name, both brands will retain independent model lines, with Saab to continue as a niche, premium…
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Lately, iconic Swedish automaker, Saab, has been the hottest potato in the world of nearly-doomed-but-possibly-still-alive auto brands. On the heels of a collapsed deal with Swedish luxury car maker, Koenigsegg , GM looked set to sell the Saab brand to little-known Dutch-run but Russian-backed luxury car maker, Spyker . In fact, everything about...

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