General Motors has just announced that the sale of its Swedish Saab unit to Dutch exotic car maker Spyker has been completed. The new company, called Saab Spyker Automobiles, will now begin a new era for Saab, saving thousands of jobs in Sweden and at dealerships in the United States. Saab Spyker will begin to…
The sale of Saab to Spyker was delayed due to suspicions that one of the Dutch exotic car maker’s major shareholders had ties to the Russian mafia. According to a recent report by Swedish newspaper Dagens Industri, the Swedish security force Sapo investigated former Spyker shareholder Alexander Antonov and determined that there was “strong suspicion”…
With Saab having just been saved by Dutch automaker Spyker, the new Saab Spyker Automobiles company has confirmed that it will deliver a new 9-3 model to market in 2012. The current 9-3 has been in production since 2002, meaning that by the time the third-generation of Saab’s volume seller arrives, the current model will…
General Motors has just announced it has reached an agreement to sell its loss-making Saab division to Dutch exotic car maker Spyker Cars NV. Saab and Spyker will form a new company, Saab Spyker Automobiles and the deal is expected to be finalized in February pending approval by several regulatory bodies and the Swedish government….
Spyker Cars is expected to announced later today that a deal has been reached to purchase Swedish automaker Saab from General Motors. According to Automotive News, a person close to the ongoing talks between GM and Dutch exotic car maker Spyker has leaked the information. Recently investment company Genii Capital, backed by Formula One boss…
Later this week General Motors is expected to pronounce on the fate of its loss-making Swedish unit, with a potential purchase by Dutch exotic car maker Spyker still a possibility. In an interview with AOL Autos, Spyker CEO Victor Muller discussed many of his plans to rejuvenate Saab, as well as another plan to sell…
There are almost too many stories and rumors about Swedish automaker Saab to keep up with, as the latest reports suggest not one but two Dutch billionaires are involved in a new deal that would see Spyker purchase the loss-making division from General Motors. Dutch business daily Het Financieele Dagblad suggests Dutch media tycoon John…
Those digging the grave for Saab might want to put their shovels down after Spyker Cars has submitted a new proposal to purchase the Swedish automaker from General Motors. On Friday GM announced that a deal could not be reached and said it would begin an orderly wind down for Saab. According to Spyker CEO…
Dutch exotic car maker Spyker is likely to become the new owner of Swedish automaker Saab after GM Chairman and CEO Ed Whitacre confirmed there are no other bidders. Earlier this week GM reached a deal with Beijing Auto to sell off old Saab assets so the Chinese company could produce previous generation Saab models…
Dutch exotic car maker Spyker is likely the favored candidate in the resumed bidding for GM’s Saab division. Saab went back on the open market just a few weeks ago when a group led by Swedish supercar maker Koenigsegg retracted its offer. In an report published in Swedish daily Svenska Dagbladet a source described GM’s…
The Swedish government is putting the pressure on General Motors, saying that it must make a decision this week on the sale of Saab if the deal is to go through by the end of the year. “They must at least have chosen one of the interested parties this week, otherwise it will be tough…
While the real stars of the Pebble Beach Concours d’Elegance are the vintage autos, the Concept Lawn is a special place where future show-stoppers are put on display. While some of the models are actually concepts, many are rare coachbuilt models and a few are full-production cars. In the concept category there was the luxury…
The Geneva Auto Show, due to its prominence on the international auto scene as well as the high net worth of the citizens of Switzerland, is always filled with all sorts of rare exotic car manufacturers. One such manufacturer is the Dutch company Spyker. The name Spyker isn’t exactly a household one, but the company…
Think of it as Spyker’s version of a Porsche GT3. Unveiled at the LA Auto Show, this stripped down special edition of the Spyker C8 Laviolette weights just 2,805 lbs and makes a significant 400hp thanks to its Audi-sourced 4.2-liter V-8. Spyker claims this is good for a 0-60 mph sprint of 4.5 seconds (which…
Welcome to the AutoGuide.com News Blog, your comprehensive source for breaking automotive news. Our staff of writers and contributors will keep you updated on all aspects of the auto industry, from vehicle unveilings, to concept cars, to news from auto shows, the aftermarket and the world of motorsports. The AutoGuide.com News Blog complements the in-depth…
