Spyker Cars NV, the money-losing Dutch sports car maker that acquired Saab from General Motors Co. earlier this year, said Friday it posted a first-half loss of 139.1 million euros ($177.
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Spyker, the Dutch sports car maker that acquired Saab from General Motors Co. earlier this year, posted another loss on Friday, trimmed Saab's sales targets and said it would lose money through next year.
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Spyker Cars, which bought Sweden's Saab from General Motors earlier this year, said it has more liabilities than assets.
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Spyker Cars, which bought Sweden's Saab from General Motors earlier this year, said it has more liabilities than assets.
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Mercedes' stunning CLS coupé, Saab's TT rival, Audi RS5 back-to-back with Seventies predecessor, every road-tax free car on sale tested
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Saab Automobile on Thursday said it was seeking new importers for Mexico, Brazil and Argentina.
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In today's News Brake: Scion considers rear-wheel drive, Saab plans for future products, and GM wind tunnel celebrates 30 years . . . But Wait, There's More!
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Saab's new Dutch owner, Spyker Cars, intends to spin additional models off its new Phoenix platform after the launch of the Saab 9-3. Saab dealers will receive the latest 9-3 in 2012, Spyker founder and Saab Chairman Victor Muller said.
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Saab vehicles are returning to the Canadian market this fall, as a 20-dealer network is currently being set up. A familiar face is back as the 9-3, available in sedan, SportCombi wagon and convertible body styles. A 9-3X wagon and a 9-4X crossover will appear, while the 9-7X has been dropped.
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Saab's new Dutch owner, Spyker Cars NV, intends to spin additional models off its new Phoenix platform after it yields a redesigned Saab 9-3.
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Saab's new Dutch owner, Spyker Cars, intends to spin additional models off its new Phoenix platform after it yields a redesigned Saab 9-3. Saab dealers will receive the latest 9-3 in 2012, Spyker founder and Saab Chairman Victor Muller said today.
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Saab Automobile is continuing to restructure its international sales organisation with the appointment of a new importer for the Japanese market, PCI.
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Swedish firm’s renaissance continues with battery-powered 9-3 test in 2011.
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Now that the purchase of Saab has been completed between GM and Spyker Cars, the Sweden-based brand can now aspire to rekindle with its loyal customer base.
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Saab says it is "loading boats" in Sweden with the new 9-5 model as it prepares for a US launch in August.
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Revitalised Swedish brand joins forces with blue propeller to make Audi A1 rival
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Zeewolde, the Netherlands - Spyker Cars N.V., manufacturer of premium automobiles under the Saab and Spyker brands, today confirmed it has paid the second and final instalment of the purchase price for Saab Automobile AB (''Saab'') to General Motors (''GM'').
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Spyker Cars used internal funding rather than external debt to pay General Motors the final us$24m purchase price for Saab, the company said, ending concern over how it would foot the bill.
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Spyker used internal funding rather than external debt to pay General Motors the final $24 million purchase price for Saab, ending concern over how it would foot the bill.
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Some might call it fate, while others might argue that Victor Muller was destined to save Saab from oblivion.
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