Spyker still in contention for Saab despite asset sale to Beijing Auto

 Spyker still in contention for Saab despite asset sale to Beijing Auto
2010 Saab 9-5 World Debut at 2009 Frankfurt Auto Show

 

Spyker is still very much in the running to takeover Saab, despite a Chinese company's purchase of the 9-3 and 9-5 models.  The Dutch sports car manufacturer continued talks with GM executives this past weekend in Zurich.

The Dutch company has partnered with RMC Convers Group Holdings in a bid for the ailing Swedish brand.  Other companies said to be interested include Renco Group, owned by billionaire Ira Rennert, and Merbanco, an investment firm based in Wyoming.  Koenigsegg had previously reached an agreement with Saab parent General Motors.  The niche supercar manufacturer, also based in Sweden, pulled out of the deal just after GM scuttled plans to sell Opel to Magna.

Despite the multitude of interest, media outlets in Sweden, The Netherlands, and America have identified Spyker as the front-runner to win Saab.  As a small manufacturer, Spyker may be more appealing to General Motors as a purchaser, because it may prove to be more difficult for the Dutch company to turn Saab into a brand capable of competing with GM's marketing and large-volume production abilities.

Still, Spyker and Saab could benefit from platform- and technology-sharing, in turn helping both cut costs.  This is crucial for Spyker, a company that has not turned a profit since going public in 2004, and for Saab, a company preparing to launch its first new vehicle in seven years.

 

Source: autonews.com (sub req)

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 hata0101 hata0101
time to re-invent & create a NEW SAAB!!
December 14, 2009 2:05 pm
 car-o-bar car-o-bar
Don't make that mistake Spyker. You will be competing against a Chinese SAAB available at Half the Price at every Walmart in the world.
December 14, 2009 2:23 pm
 nederina nederina
Please don't die SAAB, the world would soon be a duller place with movable electrical appliances!
December 14, 2009 3:13 pm
 Alfafox5 Alfafox5
True words, I am hoping Saab will live on, in an real and tangible way. (*.*)
December 14, 2009 3:15 pm
 rogers rogers
Hope Spyker will save Saab...
December 14, 2009 4:21 pm
 9TNine 9TNine
Been a long time since I saw a new Saab... I remember the old Saab 900 Turbo. What happened to them?
December 14, 2009 6:11 pm
 TheKingUtd TheKingUtd
Spyker... the last hope...
December 14, 2009 6:18 pm
 Xanavi23 Xanavi23
If Saab is to be a respectable brand(and live) then they ned Spyker to buy them. I still think the chinese asset buy is horrible news.
December 14, 2009 10:22 pm
 GTurbo GTurbo
If Carlsberg makes auto soap operas....
December 15, 2009 10:10 pm