The key to the future of Saab is possibly the right to manufacture the Saab 9-5. Could that bring Spyker and Victor Muller back? It’s now almost three months since bidding by prospective saviours of Saab ended, yet we’re still waiting for a decision from the administrators as to which company is the preferred bidder. From an [...]
GM has decided that Spyker backer Vladimir Antonov is not a ‘Red under the Bed’ or the Russian Mafia’s banker after all. So now they’re happy to bank his money. Some detected the odour of McCarthyism when GM told Spyker there could be no deal on Saab unless it showed major backer Vladimir Antonov the door. Which seemed [...]
Production at Saab has now restarted under the ownership of Spyker, with a 2010 Saab 9-5 being the first off the production line today. It’s been a long and sometimes fraught road back to production for Saab. Almost sinking in to oblivion after GM decided to wind it down after failing to secure a buyer who would [...]
The official transfer of Saab to Spyker has now been completed and production of the new Saab 9-5 can begin in earnest. We wondered if we should bother letting you know that the deal for Spyker to buy Saab has been completed. But having spent what seems an interminable amount of time covering every failed [...]
ACQUISITION RATIONALE AND SAAB BUSINESS PLAN ZEEWOLDE, The Netherlands (1 February, 2010) – In advance of the General Meeting of Spyker shareholders, to be held on 12 February 2010, and which was convened on 28 January 2010, Spyker Cars N.V. (“Spyker”) provides further strategic and financial details regarding its acquisition of Saab Automobile AB (“Saab”). [...]
Saab Spyker have released details of their business plan, including the launch of the 2010 9-5 and the 9-4 X crossover. Yesterday we reported that Spyker jobs in the UK are safe despite worries that the takeover of Saab by Spyker could lead to the work done in the UK by CPP Manufacturing being moved [...]
Swedish newspaper Dagens Industri is reporting that GM plan to take the 2010 Saab 9-5 and turn it in to a new Buick – the 2011 Buick LaCrosse? The rumours and accusations continue to grow in the row over the fate of the Saab brand. As we reported over Christmas we’ve been convinced for a [...]
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