Jan 26th, 2010 by Ross Edwards
Dutch supercar company Spyker Cars has bought Saab from General Motors for approximately $74 million, according to Autoweek. After the proposed sale to a group led by Koenigsegg, another supercar company, fell through, it looked like Saab would join Pontiac and Saturn as a casualty of GM’s bankruptcy. As late as Monday, GM CEO Ed Whitacre said that the company was proceeding with a two month “wind-down” of the Saab brand.
Saab has two new models in the works. The new mid-size 9-5 sedan was planned to go on sale in the spring before the Koenigsegg deal fell through. No announcement has been made as to whether or not the company will keep to that schedule. A replacement for the smaller 9-3 is also planned for the near future, but no concrete date has been set for its release.
The Saab purchase will allow Spyker to boost production on its own brand of supercars that sell for between $200,000 and $250,000. CEO Victor Mullen said that Spyker plans to build about 100 of its own Aileron supercars this year.
Spyker Aileron
Picture via Autoweek.
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[…] the Chevrolet, Buick, GMC and Cadillac brands. Pontiac and Saturn have already been shut down and Saab has been sold to supercar company Spyker. General Motors had planned to sell the Hummer brand to Chinese company Sichuan Tengzhong, but the […]