Search Engine Submission - AddMe all about automotive: GM and Spyker Saab Reach Agreement Sales

Kamis, 28 Januari 2010


Employee Swedish car manufacturer Saab brand for a while it can breathe. The reason, Wednesday (27 / 1) is GM has announced that it has reached an agreement with the Dutch sports car maker Spyker in Saab sales.

GM Vice President of Planning and Alliances John Smith said that the deal is expected to reach the final in February. Thus, the suspension of the wind-down (wind-down: the company reduces operations gradually in order to stop the closure of operations at all) will be announced soon.

"The announcement today is good news for employees, dealers and suppliers of Saab, including good news for millions of consumers and Saab enthusiasts around the world and of course good news for GM," Smith said in his speech.

Spyker CEO Victor Muller said the company plans to form a new business called Spyker Saab Automobiles. Both brands will continue to be marketed with their name already exists.

Muller also said that in recent weeks that the ownership saab will help the company to share development costs, and provides an opportunity to increase sales through a network of Saab dealers.

Despite having a market value of less than U.S. $ 85 million, Spyker will pay GM cash U.S. $ 75 million in addition to U.S. $ 325 million in special stock to a new Saab.

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