Breaking: Saab Sold To Spyker

Who would have thought, after the eulogizing and pessimistic reports? GM has just announced that they have reached an agreement to sell Saab to Spyker. GM did not disclose financial details. Reuters asked its “source familiar with the matter.” The source said Spyker would buy Saab for $400m. A paltry $74m is in cash, the rest is deferred shares. The deal is not completely clinched: It is subject to a Swedish government guarantee on a €400m ($564m) loan from the European Investment Bank. Sweden told GM, it is looking into the matter. GM’s press release is after the the jump. Meanwhile, we’ll try to find out what it took to bring Lazarus back from the dead. Or how likely it is to really happen this time. Haven’t we been here before?

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  • Kat Laneaux @jalop1991I get that. It should be that way. Bills should be one and only one. None of this...if you scratch my back, i'll scratch yours as long as you agree with this too. That's petty and bs. I guess no one has enough balls to stand up for what is right, regardless of which side you stand on. Do one bill and pass it but pass it on merits and not on tit for tat.
  • Kat Laneaux They do but the electric companies are striving to go higher on prices. They supposedly were petitioning to allow higher charges for Solar users, here in NC.As long as they have the money to buy regulations, anything can happen and I really don't feel like spending my dollars on satisfying those evil, money hungry people.
  • J I haven't owned a sedan since like 2011 had a ford fusion and impala then I discovered hatchbacks beats an SUV but the amount of stuff I can do with my little hatchbacks leaves sedan owners and even some SUV and truck owners surprised
  • Dougjp It seems like I'm in a minority by rejecting CUV/SUVs and wanting "cars" instead. Its because, comparing apples to apples (same specs), I don't want (a) worse performance, (b) worse handling, (c) worse fuel economy, (d) worse road & wind noise and (e) higher cost. I'm quite willing to PAY for shipping that costs way less than 1% of the difference between the cost of a car and a comparable CUV/SUV, to buy a bulky piece of furniture from a store that doesn't provide free shipping. Which I would seldom buy anyway. The problem is, people don't think logically, and would rather default to herd mentality. Its the same as why people buy "off road vehicles", complete with ugly add on patch body work to "look the part", then they never go off road.
  • FreedMike How about one for a brown diesel wagon?