General Motors and Spyker Cars NV today confirmed that they have reached a binding agreement on the purchase of Saab Automobile AB. “Today’s announcement is great news for Saab employees, dealers and suppliers, great news for millions of Saab customers and fans worldwide, and great news for GM,” said John Smith, GM vice president for [...]

Thanks to Spyker Cars, GM’s Saab division will be spared the same fate of Pontiac and Saturn. This is welcome news for the 1.5 million Saab drivers and fans of the brand.  Tuesday (January 26) Skyper announced in a press release that they would aquire the Saab brand.  Dutch based Skyper Cars states the deal [...]