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GM completes sale of Saab to Spyker

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Posted February 23, 201015 yr

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GM Completes Sale of Saab to Spyker

General Motors Co. today completed the sale of its Swedish Saab brand to Dutch luxury sports car maker Spyker Cars NV, marking the first successful sale of one of its four unwanted U.S. brands.

The transaction combines Saab Automobile and its 3,400 employees with Spyker Cars and its 110-plus workers under parent company Spyker Cars NV. Continue reading after the jump.

:forum: GM completes sale of Saab to Spyker

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