Spyker Confirms Saab Sale Closure

Edward Niedermeyer
by Edward Niedermeyer
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spyker confirms saab sale closure

We are delighted – Saab’s future is now secure. From today we will be concentrating all of our efforts into reviving Saab and transforming it into a sustainable and profitable company with the confidence to be bold. We will reinforce the emotional experience between Saab drivers and their cars and we will focus on Saab’s historical strengths in the fields of independent thinking, aircraft heritage, ecological performance and motorsport.

Through this acquisition we add approximately 15 euros per share in equity and 60 euros of assets. With a well funded business plan in place we are looking forward to working with Saab’s management on the realization of that plan and bringing exciting new products to our customers. Real Saabs, Saab Saabs.

Spyker CEO Victor Muller celebrates the official transfer of ownership of Saab [ full release in PDF format here]. GM’s release can be found here.

Edward Niedermeyer
Edward Niedermeyer

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8 of 19 comments
  • Porsche986 Porsche986 on Feb 23, 2010

    Congrats to Saab for surviving. I, for one, am glad it worked out.

  • Ott Ott on Feb 23, 2010

    I for one would rather have Saturn or Pontiac back.

  • Mpresley Mpresley on Feb 23, 2010
    We will reinforce the emotional experience between Saab drivers and their cars... Does this mean even more torque steer?
  • Mungooz Mungooz on Feb 23, 2010

    I've never seen a purple SAAB and I hope I never see one, But let me tell you anyhow, I'd rather see than build one.