Spyker has completed the deal to buy Saab from General Motors, transferring ownership of the Swedish car maker to Spyker but retaining Saab as an independent manufacturer and brand.
The deal was finalised this afternoon, and turns Saab and Spyker into sister companies. Victor Muller, Spyker CEO, said: “We are delighted - Saab’s future is now secure.” “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.”
Saab has now exited the liquidation process that GM started in January, and former CEO Jan Åke Jonsson has resumed his position as the head of the company. Production of the new 9-5 will resume at Saab’s Trollhattan factory, and Saab will then launch the 9-5 estate later this year.
Muller is planning a new Saab to rival the Mini and the A1, which could be called 9-2. The new car would embody the spirit of the original 9-2 of 195, which was Saab’s first car.