After a long saga on Saab’s future, GM has made a surprise announcement as the American company is set to keep producing the Saab 9-5 and 9-3 Cabrio.
Tag Archives: Spyker
Saab of Milford sends out letter possibly indicating that Spyker will indeed buy Saab
Saab of Milford sent out the above letter to its customers, notifying them that the sale of Saab to Spyker will not affect their customer service. But wait a second, since when has Saab been sold to Spyker?
Possible investor for Spyker's renewed Saab deal discovered, details on Saab dealer conference call emerge
Spyker has been refusing to say what investor is behind their renewed Saab deal. Now, rumours suggest that it is Dutch billionaire Marcel Boekhoorn.
Spyker extends deadline on Saab deal, Mahindra expresses interest in Saab
Originaly, Spyker had set a deadline of 5:00 PM EST today for General Motors to make a decision on their revised deal. Now, Spyker has decided to extend that deadline.
Help Saab stay alive!
Saab United is urging everyone to write e-mails to Ed Whitacre, CEO of GM, telling him to sell Saab rather than kill it off. I would like to join the folks over there in trying to help Saab by asking that all our readers write a brief, polite and passionate e-mail, telling Mr. Whitacre to sell Saab.
Saab's fate: It's do or die at this point
Today is Saab’s last battle for life, as General Motors reconsiders their decision with the Swedish government influencing them and Spyker making a new offer.
Swedish government to try and save Saab
It looks like Spyker isn’t the only party who wants Saab alive. Motor Trend reports that the Swedish government is going to hold emergency meetings with officials from GM to try and save Saab.
Saab may not be dead yet
After General Motors has announced that it was set to kill the Saab brand, it seems that the last bidder who was left in the game, Spyker Cars, has made the American giant a new offer to try to secure Saab’s future. Spyker CEO Victor R. Muller said today that a new offer has been submitted to GM with the 11 points that prevented Spyker for taking Saab last time being reconsidered. They are very confident that they have removed any obstacle that stood in the way of the transaction the last time therefore hoping no problems will arouse this time.
GM closes Saab
Yes, unfortunately, the deal between Saab and the last remaining bidder left in the running, Spyker Cars, could not be made. As a result, General Motors, the owners of Saab, have decided to axe the Swedish manufacturer.
More news on Saab’s future *UPDATE*
With Saab struggling to stay alive, they are now resorting to selling some things to other companies. They have sold the tooling and rights for the pre-2006 Saab 9-3 and the previous generation Saab 9-5 (Pictured above) to Beijing Automotive Industry Holding Corporation (BAIC), one of the companies in the running for buying Saab.