Topic: Saab AB
Spyker: Saab will be profitable by 2012
AP News
Spyker says it will produce 3 Saab lines, forecasts profit by 2012Spyker Cars NV, the new owner of Saab, plans to produce three Saab lines and return the troubled Swedish carmaker to profitability by 2012. "Saab will continue to be repositioned against other brands such as Audi (A4/A6) and ...
GM's plan to sell Hummer to Chinese co. delayed
AP News
GM's Hummer sale to Chinese heavy equipment maker delayed 1 month by China regulatory processGeneral Motors' plan to sell the hulking, once-hot Hummer line to a Chinese heavy equipment maker has been delayed by a month, officials said Monday. General Motors Co. and Sichuan Tengzhong Heavy Industrial Machinery Corp ...
Saab gets reprieve as GM seals sale to Spyker
AFP American Edition
General Motors announced a "binding agreement" to sell its Saab division to Dutch luxury sports car maker Spyker, giving an 11th-hour reprieve to the storied Swedish brand. As part of the agreement, Spyker will form a new company, Saab Spyker Automobiles, which will carry the Saab nameplate forward and avert ...
Tiny Spyker snaps up GM's Saab for $400 million
Reuters US Online Report Business News
STOCKHOLM/DETROIT (Reuters) - Tiny Dutch auto group Spyker <SPYKR.AS> clinched a last-minute deal on Tuesday to buy Sweden's Saab from General Motors Co in an audacious attempt to turn around a money-losing brand that only days ago was headed for oblivion. Spyker, a company that was ...
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