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0Saab-Spyker is Go: EIB reportedly approves 400M euro loan, Spyker shareholders agree to Saab purchase 1265999400
Spyker-Saab is reportedly passing "Go" and collecting $547 million while they're at. According to Automotive News, the €400 million loan courtesy of the European Investment Bank (EIB) has received final approval. There's even more good Saab-related news (that almost feels weird to type) ...
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Report: Saab dealers stumping up $24M in unsolicited funds to make Spyker deal a reality 1265670060
Spyker's deal to purchase General Motors' ailing Saab division out of the throes of insolvency appears to be moving along quite nicely. Production of vehicles is underway, a plan is in place to launch critical new models and the European Union has approved of a European Investment Bank loan of ...
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Bank of America refusing to give loans for Saabs? 1263821340
Saab floats along in limbo as General Motors figures out what to do with its Swedish plum, meaning that dealers are stuck with moribund product to try and unload. It's as nasty as it sounds for the automaker, but for buyers, it means deals on Saabs like never before. Being a premium segment ...
