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15Report: Spyker posts loss, expects to lose more

An accounting rule, among other things, is ostensibly to blame for Spyker posting a loss and having to declare negative shareholder equity with more liabilities than assets. According to Automotive News, the new owner of Saab had counted General Motor's $326 million in redeemable preference shares in the company as equity, not a liability. So with the company having just got its factory going in October and only having sold 10,500 cars in the first six months of this year, the hard numbers are a

33Video: Jay Leno welcomes Spyker C8 Laviolette into his garage

Spyker C8 Laviolette joins Jay Leno's Garage – Click above to watch video after the jump

19Avenged Increased Sevenfold: Spyker plans massive sales increase on C7 Aileron?

Spyker Aileron C8 Spyder – click above for high-res image gallery

16Saab officially resumes production, new 9-5 built first, next-gen SportCombi confirmed?

Saab resumes production – Click above for high-res image gallery

106BREAKING: GM reaches agreement to sell Saab to Spyker!

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.

21Report: Spyker last bidder GM considering for Saab... or is it?

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

34BREAKING: Saab board reportedly votes to liquidate company, but GM still weighing bids

According to a press release quoted in Dow Jones Newswires, Stefan Lofven, head of Swedish trade union IF Metall, the board of Saab has voted today to liquidate the company. Simultaneously, General Motors has announced that it has hired AlixPartners to supervise the "orderly wind-down" of the marque.

31BREAKING: GM reportedly delays board meeting as new Swedish bidders emerge for Saab

Saab: A history in pictures – Click above for high-res gallery

40Saab owners gather in wintery Detroit, urge GM to sell brand

Sell Saab Rally in Detroit – Click above for high-res gallery

31Breaking: GM reportedly extends bidding deadline for Saab, production to restart?

2010 Saab 9-5 – Click above for high-res image gallery

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