Spyker Sold to British Coachbuilder for $44 Million; Russian Mafia Ties Pop Up Again

Spyker Cars, a Dutch sports car company no one would know of were it not for its purchase of Saab from GM, has just announced its own sale. Sort of.

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Spyker Completes Saab Purchase From General Motors Ahead of Schedule

In what is no doubt a bid to prove the viability of the Saab brand and the stability of its new ownership, Spyker Cars has announced the completion of its purchase of Saab from GM ahead of schedule. The final $24 million payment is due in two weeks time, but Spyker chose to complete the deal early.

In a statement, Spyker also said the funds came from “internal sources” and that no addition debt was taken on in order to complete the deal.

Spyker can now begin the process of returning Saab to profitability, a move that is expected to include expansion into new markets as well as the introduction of new models like the new 9-5, the 9-4X and eventually an all-new 9-3 and the much-discussed 9-2 mini car, that will reportedly run off the current generation MINI platform, using engines from BMW.

In addition, Spyker will sell its Dutch exotic cars at Saab dealerships internationally.

Official press release after the jump:

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GM Completes Saab Sale to Spyker

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 sell its new 9-5 model in North America this spring, likely in both a 220-hp and 300-hp form. Saab also has plans to begin production of the 9-4X crossover, based on the same platform as the Cadillac SRX, in the near future. A new 9-3 model is scheduled to come to market in 2012.

Official release after the jump:

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Report: Feds Forced Out Russian Backer in Spyker's Saab Bid Due to Mafia Ties

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” of ties to organized crime.

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Report: New Saab 9-3 Coming in 2012

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 be 10 years old.

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