Saab: EU Can Spike The Spyker Deal

So you thought the Saab deal is done? A deal is never done until the check clears. Speaking of clearing, Laurence Stassen, a member of the European Parliament, and a member of the Dutch Partij voor de Vrijheid (a right-of-the-center party in the Netherlands) is seeking clarification from Competition Commissioner Neelie Kroes.

Vrouw Stassen wants to know if there is any forbidden state aid involved in the Saab/Spyker deal, the Dutch news site NU.NL reports. The Swedish government guarantees a loan of €400m, which Spyker then is supposed to get from the European Investment Bank. Spyker is, well, banking on that money.

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Brussels Impales Opel With Giant Fork. Turkey In Serious Condition
A certain website that concerns itself with facts about automobiles, had opined more than a month ago: “Once matters move to Brussels, they come to a crawl. Whoever wins the German elections has all the time they want to dispose of Opel. If it goes kaput, they can blame the Americans and Brussels.”The Opel matter finally moved to Brussels. EU competition commissioner Neelie Kroes said, she could set aside her considerable qualms about the GM-Opel-Magna-Sperbank deal, if only all parties involved would send her a simple letter that certifies that the deal had not been reached under political pressure. All parties involved, meaning GM, the Opel Trust that officially owns Opel, and the German government. Scout’s honor. Cross your heart, and swear to … exactly.
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  • Carrera I live in Florida and owned summer tires once before on a Corolla. Yes I know, it's a Corolla but it drove much better ( to me) with those on. I would have bought them again but replacement time came during the beginning of the " transitory inflation" and by then, I found all seasons that were much cheaper. Currently I own a slightly more performance oriented Acura TLX -AWD and when the OEM all season Michelin wear out, I will replace them with summer Michelins. Often times, a car comes alive with summer tires but I understand why people don't buy them above South Carolina. I lived in Canada for 5 years and just thinking about swapping twice per year made me anxious.
  • Steve Biro I don’t bother with dedicated summer or winter tires. I have no place to store them. But the newest all-weather tires (with the three-peak mountain symbol) are remarkably good year-round. The best of them offer 90 percent of the performance of winter tires and still fall mid-pack among summer ultra-high performance tires. That’s more than enough for my location in New Jersey.
  • Carfan94 Never, it doesn’t get cold eneough here in TN, to switch to winter tires. But it gets cold enough that running Summer tires year round is impractical. I’m happy with my All seasons
  • Analoggrotto Anyone who has spent more than 15 minutes around a mustang owner would know this will be in insta-hit.
  • Akear If this is true then they won't go out of business. Good for them!