Fleet News

Saab deal finalised

Spyker Cars has finalised the deal with General Motors to purchase Saab.

 

Jan Åke Jonsson, CEO of Saab Automobile said: “Today’s announcement is great for Saab’s customers, dealers, suppliers and employees around the globe."

The transfer of ownership took place at 16:30 on February 23.

Saab and Spyker will operate as sister companies under the umbrella of the Amsterdam Euronext listed parent company Spyker Cars.

“We are delighted - Saab’s future is now secure," said Victor Muller, CEO of Spyker.

“From today we will be concentrating all of our efforts into reviving Saab and transforming it into a sustainable and profitable company with the confidence to be bold.

"We will reinforce the emotional experience between Saab drivers and their cars and we will focus on Saab's historical strengths in the fields of independent thinking, aircraft heritage, ecological performance and motorsport.

“With a well funded business plan in place we are looking forward to working with Saab’s management on the realisation of that plan and bringing exciting new products to our customers. Real Saabs, Saab Saabs”

Saab will go ahead with the introduction of the new 9-5 later this year.
 

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment

Comments

No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee