Victor Muller has told Swedish TV that the money he used to buy Saab was funded by alleged fraudster Vladimir Antonov. In a revelation that will surprise no one, Saab ‘owner’ Victor Muller has revealed that the $74 million paid to GM when Spyker (as they then were) bought Saab was supplied to one of […]
GM blocks Saab sale to China
General Motors has said it will not allow its technology used by Saab to be sold to the Chinese. That means no Saab 9-4X or Epsilon Platform. Last week we had the first reaction from GM to the announcement that Saab was to be sold to China’s Youngman and Pang Da. And it wasn’t positive. […]
Saab China: Deal to sell Saab to Youngman & Pang Da is already in trouble
Only days after Saab announced it had accepted a takeover offer from China’s Youngman and Pang Da, GM casts doubt on its viability. Selling Saab to China was always going to be fraught with difficulties. The initial deal Victor Muller seemed to have brokered with Youngman and Pang Da was to sell a majority stake in Saab […]
Saab: GM decides Vladimir Antonov is a good guy after all
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 […]