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Showing results for tags 'Saab take-over'.
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GM has announced that it has reached a deal with Dutch sports car maker Spyker for the sale of Swedish carmaker Saab. The deal concludes the long-standing saga which at one point saw GM announce that it will wind up the Swedish brand. However, GM and Spyker Cars have now reached an agreement which w...
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GM has announced that it has extended its deadline for potential bidders of Saab, in a move that hands the Swedish car-maker a lifeline for survival. GM is still continuing the wind-down process of Saab though, but in the wake of renewed interest in Saab from Spyker Cars, as well as several other i...
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[extract] Ever heard of the brand SAAB? I suppose you have. Ever seen the actual car recently? I suppose you haven
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[extract] The "F" in F1 could stand for "First Aid" now. In a surprise turn of events, Formula One tycoon Bernie Ecclestone and partner Genii Capital emerged as a rival to Dutch super-car maker Spyker Cars NV in making last-ditch efforts to buy General Motors Co.
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Spyker, the Dutch sportscar maker has extended its last-ditch bid offer to buy Saab from General Motors.
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[extract] Spyker has made a very last minute revised offer which apparently addresses and eliminates 11 key
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[extract] General Motors has issued an official announcement saying that it will gradually shut down Saab, following a breakdown in the negotiations with Spyker after "certain issues" arose in the deal. A previous deal by Koenigsegg to buy up Saab feel apart in late November, and General Mot...
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- company closure
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