Saab, Hawtai Deal Terminated

Saab, Hawtai Deal Terminated
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Saab parent, Spyker Cars, said that Hawtai was unable to obtain all the necessary consents, as a result; the arrangement has been terminated with immediate affect, though there still is the possibility the two companies might continue discussions, albeit on a non-exclusive basis. Continue Reading...

Report: GM shutting down Saab

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Report: GM shutting down Saab
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General Motors has announced it will close down Saab after discussions to sell the brand fell through. “Despite the best efforts of all involved, it has become very clear that the due diligence required to complete this complex transaction could not be executed in a reasonable time,” said Nick Reilly, president of GM Europe. “In… Continue Reading...

Spyker Unveils Stunning New Model: C8 Aileron

Spyker Unveils Stunning New Model: C8 Aileron
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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… Continue Reading...
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