Spyker Closes Saab Deal with GM
By Michelle Krebs February 23, 2010General Motors and Dutch sports car maker Spyker confirmed Tuesday they have finalized the purchase of Saab.
Saab and Spyker will operate under the Spyker umbrella, and Spyker will assume responsibility for Saab operations. The previously announced wind down of Saab operations has ended, GM said in a statement.
This is a great day for Saab employees, dealers and suppliers, and a great day for millions of Saab customers and fans worldwide," said John Smith, GM vice president for corporate planning and alliances.
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