It’s Done: GM Selling Saab to Spyker
Posted by Dan Roth
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Yep, it's a done deal, Saab will be sold to the tiny Spyker company provided no objections rise up from any government agencies. "Today's declaration is great news for Saab employees, dealers and suppliers, great news for millions of Saab customers and fans worldwide, and great news for GM," said John Smith, GM vice president for corporate planning and alliances. "General Motors, Spyker Cars, and the Swedish government worked very hard and creatively for a deal that would secure a sustainable future for this unique and iconic brand, and we're all happy for the positive outcome," Smith said.
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