Last-Gasp Saab Bids: Along Came A Spyker?

Thor Johnsen
by Thor Johnsen
last gasp saab bids along came a spyker

GM decided to grant Saab 30 days worth of life support to await new potential buyers. If no buyer is found within 30 days, then Saab is a goner. That’s the message all Saab workers and enthusiasts were given yesterday, to a certain relief. GM and Saab have confirmed there are potential buyers out there, but who are they? Who’s in, who’s out?There are supposed to be at least 4 interested buyers; BAIC has confirmed they are interested in Saab – but what exactly they are interested in at Saab are unclear. Is it 100% ownership? A partnership with other buyers? Bits and pieces of Saab’s technology? TTAC’s Bertel Schmitt figures they’d take the new 9-5, but not old tooling or production assets.Merbanco has confirmed interest too. In a dialogue with, their CEO Christoffer Johnston expressed interest, given the right conditions. But in a statement to Reuters, Mr. Johnston says Merbanco are ruled out as a bidder for Saab. “We were disappointed to learn we were not invited to move forward in our efforts for Saab,” Johnston writes in an email to Reuters.Renco is also reportedly one of the interested parties, but the mysterious new bidder on the block is…Spyker! The Dutch supercar manufacturer, owned mainly by Lithuanian bank Snoras, and Russian Conversbank, has roots going back to 1898, when the two brothers Jacobus and Hendrik-Jan Spijker made their first car using a Benz engine. Production ceased in 1925, only to resurrect in 2000. Focusing on the super exclusive, super fast, supercar segment, they kind of remind you of Koenigsegg, right? Their spokesman, Mike Stainton told Swedish businesspaper e24 “We’re interested in Saab, and are just now talking to General Motors”. And even though they’ve lost money for the last 5 years (more Koenigsegg parallels?), with a registered motto from 1914 saying: “Nulla tenaci invia est via” (for the endurant, no way is impossible), who knows what they might try.On the other hand, given GM’s sad history of not pulling off even the simplest sale (ho-Hummer…) 30 days or nothing sounds like … nothing.

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  • Porschespeed Porschespeed on Dec 02, 2009

    Please. Saab is the poor SOB stuck between the train and the platform. You wish there was some way to save it, but there simply isn't. It is gonna die. Everyone say goodbye and pull the damn train out already.

  • Oosh Oosh on Dec 02, 2009

    'roots going back to 1898' - bollocks! 'Spyker Cars' has nothing to do with the original Spyker other than now owning the brand name of a company that went bankrupt 80 years ago!

  • Art Vandelay Pour one out for the Motors Liquidation Corporation
  • Bill Wade Norm, while true I'll leave you with this. My 2023 RAM is running Android 8 released in 2017.My wife's navigation on her GM truck is a 2021 release, I believe the latest. Android Auto seems to update very week or two. Now, which would you rather have? Anybody with a car a couple of years old NEVER sees any updates. Heck, if your TV is a few years old it's dead on updates. At least cell phones are rapidly updated. If your old phone won't update, buy another $200 phone. If your GM vehicle doesn't update do what, buy another $50,000 GM vehicle?
  • Lou_BC Once again, Mustang is the last pony car standing. Camaro RIP, Challenger RIP.
  • FreedMike Next up should DEFINITELY be the Cadillac Eldorado. On the subject of Caddies, I saw a Lyriq in person for the first time a couple of days ago, and I'm changing my tune on its' styling. In person, it works quite well, and the interior is very nicely executed.
  • Probert Sorry to disappoint: any list. of articles with a 1 second google search. It's a tough world out there - but you can do it!!!!!!