Saab lives!
Jan. 27th, 2010 09:35 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
thewayneGM has found a buyer for Saab, it's going to a Dutch exotic car maker backed by Russian (mob?) money.
"General Motors said today that it has struck a preliminary deal to sell Saab to Spyker Cars, a tiny Dutch maker of high-end sports cars, saving the Swedish automaker from what seemed like certain extinction after previous bids for it collapsed. A previous bid from Spyker was rejected by GM in late December because GM was uncomfortable with Spyker's Russian backers. The biggest investor in Spyker is the Russian bank Convers Group, which is controlled by Alexander Antonov. In March, Mr. Antonov was shot seven times and reportedly lost a finger in an attempt on his life in Moscow. No arrests have been made. His son Vladimir, 34, is a top executive at Convers and the chairman of Spyker." GM is taking a bath on the deal, financially speaking.
http://news.slashdot.org/story/10/01/26/2315256/GM-Is-Selling-Saab-To-Spyker-Cars?art_pos=13
Saab had an amazing list of innovations that they pioneered, I'm glad to see them continuing.
EDIT: after reading more on the deal, the sale is contingent on, among other things, Antonov being bought out and leaving the board of Saab. Convers Group will have nothing to do with the new company.
"General Motors said today that it has struck a preliminary deal to sell Saab to Spyker Cars, a tiny Dutch maker of high-end sports cars, saving the Swedish automaker from what seemed like certain extinction after previous bids for it collapsed. A previous bid from Spyker was rejected by GM in late December because GM was uncomfortable with Spyker's Russian backers. The biggest investor in Spyker is the Russian bank Convers Group, which is controlled by Alexander Antonov. In March, Mr. Antonov was shot seven times and reportedly lost a finger in an attempt on his life in Moscow. No arrests have been made. His son Vladimir, 34, is a top executive at Convers and the chairman of Spyker." GM is taking a bath on the deal, financially speaking.
http://news.slashdot.org/story/10/01/26/2315256/GM-Is-Selling-Saab-To-Spyker-Cars?art_pos=13
Saab had an amazing list of innovations that they pioneered, I'm glad to see them continuing.
EDIT: after reading more on the deal, the sale is contingent on, among other things, Antonov being bought out and leaving the board of Saab. Convers Group will have nothing to do with the new company.
