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Saab not ready to RIP YET!

By SYF77 on 21 Dec 2009

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Spyker has made a very last minute revised offer which apparently addresses and eliminates 11 key “issues” which prevented the deal from going through. The new deal also do not require a loan from the European Investment Bank, but Spyker did not reveal details on how it would be alternately financed. Spyker is backed by its largest investor, the Convers Group from Russia.

“We have made every effort to resolve the issues that were preventing the conclusion of this matter and we have asked GM and all other involved parties to seriously consider this offer. We are very confident that our renewed offer will remove the impasse that was standing in the way of an agreement on Friday, and this would still allow us to conclude the deal prior to the expiry of the deadline originally set by GM of December 31,” said Spyker boss Victor Muller today.

The new Spyker offer would only be valid until 5:00 PM EST on Monday. Saab has recently come out with the new 9-5. It has attractive styling that makes it stand out among the rest. In addition, the new 9-5 comes with a new range of 1.6L and 2.0L turbo engines. I hope that the Saab brand can be saved and we get to see the new 9-5 in our Singapore showroom one day.

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Saab,9-5,Spyker,turbo and 1 more...

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Written by SYF77
I have been a car fanatic since 1989, when my father was changing our family car then to a Toyota Corolla 1.6 GL fitted with a Twin Cam 16 valve engine that was carburetor-fed, a big deal back in those days. The automobile technology and industry fascinates me and I hope to broadcast these interesting developments to everyone out there through this blog.

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WWbarb Dec 21 2009 10:25 AM
i like the rear..
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