The rebirth of the Saab brand under Spyker Cars took a step forward Tuesday with the reveal of the PhoeniX concept at the Geneva auto show.
The rebirth of the Saab brand under Spyker Cars took a step forward on Tuesday with the reveal of the PhoeniX concept at the Geneva motor show.
A strong finish to 2010 with 11,000 worldwide sales is helping Saab look towards global sales of 80,000 in 2011, said sales chief Matthias Seidl, two months into his role.
The man who bought Saab had to sell his Spyker sports car business last week to fund the future of the Swedish brand - and he was sorry to "see his baby go".
Having risen dramatically from the near-dead, one would expect Saab to be proclaiming its vitality from every rooftop. Yet the newly resuscitated company's presence at the CIAS was low-key, tucked away in a tiny corridor behind the Concorso Exotica display. A last-minute decision to attend the Toronto Show left organizers struggling to find space - fortunately with only 3 cars in their portfolio, the Saab display fit snugly into the hallway.
Saab will unveil a concept vehicle at the Geneva auto show that shows the future styling direction for the automaker.
Spyker Cars, the owner of Saab, has revised the value of the Swedish carmaker's assets to 132.3 million euros ($182.9 million), from 54.4 million euros.
Saab will unveil a concept vehicle at the Geneva auto show that shows the future styling direction for the automaker.
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Spyker Cars said Thursday it is negotiating to sell its sports car business to a company controlled by Russian billionaire Vladimir Antonov.
Spyker Cars said Thursday it is negotiating to sell its sports car business to a company controlled by Russian billionaire Vladimir Antonov.
Spyker sells supercar business for €32million to concentrate on returning SAAB to profit.
Loss making Dutch sportscar maker Spyker, which acquired Saab last year, is planning to sell its original luxury car business to a Russian investor, to raise EUR32m (US$44m) in order to pay off debts.
Spyker Cars is negotiations to sell its sports car business to a company controlled by Russian billionaire Vladimir Antonov. Spyker, which bought Saab from General Motors Co.
Spyker Cars is negotiations to sell its sports car business to a company controlled by Russian billionaire Vladimir Antonov. Spyker, which bought Saab from General Motors Co.
Spyker surprised the auto industry by agreeing to sell its sports car division (Spyker Business) to CPP Global Holdings Limited for 32 million euros.
For most people, a divorce is a long, difficult process - but not for Saab. In order to celebrate its first year of independence from General Motors, the Swedish automaker launched the Saab 9-3 Independence Edition.
Aero-based 9-3 Convertible Independence Edition celebrates SAAB’s first year as independent maker.