What a long, strange trip it's been. Every thriller must have an endgame, although whether the guy gets the girl in the end or just plain "gets it" is often in doubt right until the final frame. This afternoon, after a most improbable and tortured saga, General Motors has finally agreed to sell Saab to Spyker Cars.
To paraphrase the once great weekend update anchor Chevy Chase, "Generalissimo Saab is still dead" and appears likely to stay that way. Bloomberg reports that Spyker is the last bidder standing to pick up the Swedish brand from General Motors, although Genii Capital and partner Bernie Eccelstone apparently haven't given up yet. At this point, according to the news service, Spyker is the only party in active talks with The General as the process of shutting down Saab has already begun. Genii hope
Analysts have been speculating for years just how Chinese automakers would enter the North American market. The struggles of U.S. automakers have provided plenty of opportunities to purchase mature marques from the likes of General Motors or Ford, but so far, only Hummer has been added by a company from the land of the Great Wall. Beijing Auto, which partners with Daimler in China, was reportedly vying for Opel, but now Gasgoo, through a report in the South China Morning Post, is reporting that