17 Articles
Report: 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 Jonathon Ramsey

Video: 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

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

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

BREAKING: 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.

Report: 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.

BREAKING: 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.

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

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

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

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