Archive for the ‘Spyker’ Category

Spyker finalises purchase of Saab

After months of negotiations and setbacks that left Saab's fate in limbo, Dutch sportscar maker Spyker said Tuesday it had finalised the purchase of the iconic Swedish brand from General Motors. Spyker's CEO Victor Muller told reporters in Stockholm it was hard to imagine that the process his company,...

February 25th, 2010 | Saab, Spyker | Read More

Ousted Russian investor wants to help finance Saab

Russian billionaire Vladimir Antonov, forced out of Dutch carmaker Spyker before it bought Saab from General Motors, said in comments published Saturday that he wants to help finance the new company. "There is unfortunately widespread economic crime in Russia but we don't take part in that, and are...

February 20th, 2010 | Saab, Spyker | Read More

Spyker shareholders approve Saab takeover

Shareholders of Dutch luxury sportscar maker Spyker on Friday overwhelmingly approved its acquisition of Sweden's Saab from General Motors. The deal got a further boost when the European Investment Bank approved a 400-million-euro loan to Saab, guaranteed by the Swedish state. "The proposal to acquire...

February 13th, 2010 | Saab, Spyker | Read More

Spyker sees Saab in profit by 2012

Dutch luxury sportscar maker Spyker said it expected its newly acquired Saab business to be profitable by 2012, with the former General Motors unit giving it a rare opportunity to develop a global brand. Sweden's Saab "will be repositioned towards an independent performance-oriented niche car company...

February 2nd, 2010 | Saab, Spyker | Read More

Sweden forced Russian out of Spyker to clinch Saab deal

Sweden forced a Russian billionaire out of Dutch carmaker Spyker on suspicion of shady dealings before allowing the group to take over Swedish-based Saab, a newspaper reported Saturday. Business daily Dagens Industri, quoting a government official, said Swedish intelligence suspected Vladimir Antonov,...

January 30th, 2010 | Saab, Spyker | Read More

GM seals deal to sell Saab to Spyker

US automaker General Motors has agreed to sell its Saab brand to Dutch luxury sports car manufacturer Spyker, US television channel CNBC said Tuesday. A Spyker spokesman refused to confirm the report to AFP, and GM officials were not available to comment. But the Dutch financial market regulator suspended...

January 26th, 2010 | Saab, Spyker | Read More