• Dec 22, 2009
Saab: A history in pictures – click above for high-res gallery

Too bad Saab couldn't get this much ink while they were fully-alive. That's right folks, another day, another story about the undead Swedish brand. Just-Auto.com is reporting that a mystery Dutch investor is behind Spyker's 11th-hour bid for Saab. As we've learned, it's best not to do any Saab reporting of any kind without first checking in with the crazy kind folks over at Saabs United.

And guess what? They're pointing to an article in Holland's Telegraff that states the mystery billionaire is (maybe) none other than... Marcel Boekhoorn. We've never heard of him either, but apparently he's quite rich. Boekhoorn, for his part, denies any such deal, stating, "All not true. It is invented." However, Mr. Boekhoorn is a Spyker investor and reportedly acts as an adviser to Spyker owner Victor Muller. Let's not forget that Spyker's stock price swelled 23.5% after their renewed bid for Saab. Mr Boekhoorn's also an investor in Telegraaf...

Reportedly, one of the eleven qualms that General Motors had with selling Saab was over some of the Russian investors tied up with Spyker – fears of Saab's technology falling into Russian hands and all that. As it turns out, Spyker's main investors, Vladimir and Alexander Antonov who together own a 29.3 percent stake in the Dutch sports car maker, are not behind the renewed deal. Nor is the Abu Dhabi state investment fund Mubadala Development, which owns 22.7 percent.

Could it be that GM is only talking to Spyker and the Swedish government because of this maybe-mysterious Dutch billionaire investor? Short answer, yes. Besides, it's not December 31 yet, GM's original deadline for offloading Saab. We'll keep you posted.



[Sources: Just-Auto; Saabs United; Telegraaf]


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  • 14 Comments
      • 5 Years Ago
      Interestingly enough Marcel Boekhoorn specializes in buying money-losing companies and make them profitable again.
      • 5 Years Ago
      Put a fork in this, please. Saab fans can always move to VW, Subaru or Volvo for their "quirky" needs.
        • 5 Years Ago
        Subaru has no use for Saab - the platforms are too dissimilar. Symmetrical AWD and transverse FWD don't mesh.
        • 5 Years Ago
        I thought Subaru would have been a good fit for Saab. They both have audiences that love their quirky side and Subaru could have treated Saab like their Acura, keeping the Saab designers and style but using Subaru's underpinnings.
      • 5 Years Ago
      No Doctor_D, what is stupid would be selling off all of your latest engineering and parts for peanuts with the whole Saab operation only to have your competitors copy it, resell it and eventually compete with it yourself in the market. GM's IP in Saab (and globally) is worth more than Saab itself.

      That is the crux of selling Saab. Nobody wants to buy it just for the brand name and plant, they want all the current and future lineup of vehicles too. Vehicles that were developed by GM and contain all the intellectual property, engineering and parts of GM.

      It would cost GM more in the long run to give those vehicles away to the competition for nothing with Saab than it would be to simply phase out Saab. Which is exactly why they are going to do it unless Spyker can guarantee that their engineering will remain confidential (ha ha) or if Spyker can come up with other suppliers of parts and vehicles for Saab (ha ha).
        • 5 Years Ago
        We get it, GM wants to change the headlights and taillights on the new 9-5 and rebadge it as a Buick, Chevy, and maybe a low end Caddy for a future model years. It is the same thing GM has done for most of its corporate life. Don't get me wrong it is a good fiscal strategy, when your producing quality cars that is.

        The problem being that as bloated as a roster as GM has they can't sell anything (brand wise) because it has so many other cars using the same platform. They can't let go of the current 9-3 because it shares the Epsilon platform with 9 other cars, and the new 9-5 was to share Epsilon II with a minimum of 4 other cars. It is the same with drivetrain, and many other parts. GM knows what they are doing, they are attempting to appease those loyal to the brands while ensuring their demise.

        If GM was serious about selling brands it would be offering non-controlling interest in these brands with an eventual possibility of selling controlling interest to the interested parties given some realistic separating point of the brand. The goal would be an influx of capital and a decrease in production rather then outright sales that will never happen. GM has owned part of Fiat, Suzuki, Isuzu, and Fuji Heavy Industries over the years they know how investment works, they are not interested.
      • 5 Years Ago
      Goldmember?
        • 5 Years Ago
        have a Shhhmoke and a Saab
      • 5 Years Ago
      Hope they will work something out this time.
      • 5 Years Ago
      *rubs padels together*.... CLEAR! >Shock< .... CLEAR! >Shock< .... WE'RE LOSING HIM GUYS!!!

      • 5 Years Ago
      THE SUSPENSE IS KILLING ME
      • 5 Years Ago
      This saga brings me back to the music video by the Human League which featured a SAAB fittingly called "Don't You Want Me Baby".
      • 5 Years Ago
      maybe its the stig?
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