Skip to main content
  1. Leisure
  2. Autos & Motorcycles
  3. Auto Reviews

Saab saved, for now


   2009 Saab 9-3

General Motors and sports-car maker Spyker have finally reached a deal that will allow Spyker to buy the Saab brand from GM.

According to Automotive News, Bloomberg News is reporting that Spyker will pay $74 million.That's on top of $326 million worth of shares in the new company, which will be called Saab Spyker Automobiles.

GM has been trying to sell Saab for a long time, and if the transaction goes through, it could save the brand from being shut down after twenty years of being controlled by General Motors.

For more info: www.autonews.com

Comments

  • Rob 4 years ago

    Spyker is from The Netherlands and Saab is from Sweden. :-)

Advertisement

Leisure

  • Summer romance
    Fun midlife romance summer date ideas sure to appeal to a variety of singles
    Camera
    5 Photos
  • 2014 Honda Civic
    The Honda Civic is the leading choice for a solid compact sedan
    Camera
    20 Photos
  • Newfoundland, Canada
    Here are some great reasons to visit St. John’s, Newfoundland, Canada
    Camera
    20 Photos
  • Ombre' technique
    Go for the gusto: What ombre' technique are you?
    Camera
    5 Photos
  • Outdoor activities
    Enjoy some of these activities with your significant other and make new memories
    Camera
    10 Photos
  • Asian chicken
    This simple recipe marinates the chicken for an hour in Asian spices
    Camera
    7 Photos