Spyker has deal to buy Saab from General Motors, avoiding shutdown

By Chrissie Thompson, Automotive News

Detroit, Michigan — Dutch sports car maker Spyker Cars NV today reached a tentative agreement to buy Saab from General Motors Co., saving the Swedish brand from a shutdown after two decades of GM control.

The purchase will create a new company, called Saab Spyker Automobiles NV. Spyker said it expected the sale to close by Feb. 15.

“I want to give credit where credit is due: to the Swedish government and to Spyker Cars for working with us and working creatively,” said…

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