Wednesday, January 27, 2010

GM and Spyker Reach Agreement on Saab

GM and Spyker Reach Agreement on Saab

General Motors Company and Spyker Cars NV, led by CEO Victor Muller, today confirmed the details of a binding agreement over the purchase of Saab Automobile AB. The transaction is expected to close in February and Saab Automobile will exit the orderly wind down process in line with that timetable. Saab Automobile CEO Jan Åke Jonsson and Spyker Cars CEO Victor Muller give their reaction.

Barely a day after reaching agreement over the purchase of Saab Automobile by Spyker Cars from General Motors, Victor Muller, CEO of Spyker Cars and Jan Åke Jonsson, CEO of Saab Automobile, went to Trollhättan to meet the workforce.

Update: The 23rd of February 2010 was a historic day for Saab Automobile. It was the day that ownership of the company transferred from GM to Spyker Cars. The transaction secures the deal for Saab Automobile and signals the start of a new era.

SAAB
Spyker Cars finalizes the purchase of Saab Automobile
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Spyker Cars finalizes the purchase of Saab Automobile Spyker Cars finalizes the purchase of Saab Automobile Spyker Cars finalizes the purchase of Saab Automobile
Video from SaabCarsOfficial
General Motors and Spyker Cars Reach Agreement on Saab
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General Motors and Spyker Cars Reach Agreement on Saab General Motors and Spyker Cars Reach Agreement on Saab General Motors and Spyker Cars Reach Agreement on Saab
Video from SaabCarsOfficial
Saab: Spyker CEO meets the workers at Trollhättan
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Saab: Spyker CEO meets the workers at Trollhättan Saab: Spyker CEO meets the workers at Trollhättan Saab: Spyker CEO meets the workers at Trollhättan
Video from SaabCarsOfficial

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Dan N. Moldovan said...


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