GM’s CEO and Chairman Ed Whitacre confirmed today that Dutch boutique sportscar firm Spyker is the only bidder for what’s left of Saab after the BAIC deal. Saab insiders insist that the firm can continue without the old tooling and technology sold to BAIC, and they still have their hopes pinned on the new 9-5 model. But, as the WSJ reports, Spyker earned a mere €7.9m in 2008 revenue, and has already endured an €8.7m net loss in the first half of this year. Spyker’s in no position to be saving struggling Swedish automakers. But behind Spyker is Convers Group, a Russian banking group with deep pockets… and a uniquely Russian reputation.
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28-Cars-Later - “Ford literally treats Ford vehicles and Lincoln vehicles as interchangeable.” well we did see this once before Kyree, it it...
hreardon - The new MQB A3 has indeed been very well received to the point where backorders in some countries (esp. the...
28-Cars-Later - Oh I feel a deal coming on… another fleet car the mfg can’t move for love or incentives.
nine11c2 - they did a good part of the V-Rod Harley-Davidson as well.
NMGOM - sirwired… Sorry that I am wasting your time. Please see my comments to “HerrKaLeun” and “jpolicke” above....
DeadWeight - Let me juuuust drop a little conversation piece here: http://members.rennlist.com/91 4_canam/zCanAmBumblebee.jpg Happy Birthday, Doug.
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corntrollio - Curbside Classic mentioned this too: www dot curbsideclassic dot com/blog/thank-you-for-a-numbe r-of-things/