Super Street Network

 |   |   |  Spyker Cars Finalizes The Purchase Of Saab's UK Distribution Company - Web Exclusive
Subscribe to the Free
Newsletter

Spyker Cars Finalizes The Purchase Of Saab's UK Distribution Company - Web Exclusive

Jun 1, 2010

Zeewolde, the Netherlands, 31 May 2010 – Spyker Cars N.V. (“the Company”), manufacturer of premium automobiles under the Saab and Spyker brands, today confirmed it has finalised the agreement with General Motors UK to purchase Saab Great Britain Ltd (“Saab GB”) – the UK distributor of Saab cars. The Company is listed on Eurolist by NYSE Euronext Amsterdam (ticker symbol SPYKR).

Epcp_1006_01+spyker_cars_finalizes_purchase_of_saab_uk_distribution_company+logo Photo 2/2   |   Spyker Cars Finalizes The Purchase Of Saab's UK Distribution Company - Web Exclusive

• Spyker Cars finalises agreement over the purchase of Saab GB
• Transfer of ownership has taken place
• Saab GB will carve out from General Motors’ UK organisation
• Transaction confirms the start of an exciting new era for Saab GB

The transaction secures the future of Saab GB and signals the start of an exciting new era for it as part of the newly independent Saab Spyker organisation.

Saab GB will complete a carve out process from General Motors UK in the next few months allowing it to operate as an independent company. The carve out will culminate in a move to new premises, expected to take place in August 2010.

Jonathan Nash, Managing Director of Saab GB, says: “We are delighted – this is great news for employees of Saab GB and its franchised dealers. We are now looking forward to a busy period of exciting new product launches over the next 24 months, starting with the UK launch of the all new 9-5 in our dealers on July 8th.” He continues: “Our dealer body has a reputation for individual customer service that fits perfectly with Saab’s position as an independent manufacturer, and I know they can’t wait to get started showing customers our new flagship.”

Victor Muller, CEO of Spyker Cars N.V. says: “We are very pleased that we have managed to finalise the acquisition of Saab GB within the time frame set and thank General Motors for their cooperation. We look forward to seeing Saab GB flourish with the introduction of so many new products in the coming months, starting with the all new 9-5. Historically, Great Britain has ranked in the top three markets for Saab and we have high expectations for the future.”

BROWSE CARS BY MARKET

MORE FEATURES

A sneak peek at three Toyo Tires display cars and more we’re looking forward to from the 2018 SEMA Show
Bob HernandezOct 22, 2018
Jonny Grunwald is no stranger to tight deadlines and insane SEMA builds; it only made sense that he'd show up to the 2017 SEMA Show with a sister car to his FD built on short notice
Micah WrightOct 22, 2018
Cyan Racing, formerly known as Polestar Racing, is partnering with Lynk & Co to take on the FIA World Touring Car Cup in 2019.
Kelly PleskotOct 22, 2018
As the chief engineer of the 2019 Acura NSX program, Satoshi Mizukami’s main goal of this year’s refresh is “more emotional involvement.”
ManufacturerOct 19, 2018
More often than not someone describing their dream garage will list at least one of Honda's Type Rs. Adam Elghriany is one of the lucky few to make his dream a reality.
RodrezOct 19, 2018
Sponsored Links

SEARCH ARTICLES BY MAKE/MODEL

Search
CLOSE X
BUYER'S GUIDE
SEE THE ALL NEW
NEWS, REVIEWS & SPECS
TO TOP