Filed under: Saab , Earnings/Financials 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 400 million-euros ($546 million) to Spyker.
Read the rest here:
Report: Saab dealers stumping up $24M in unsolicited funds to make Spyker deal a reality
Tags: -darr, -uarr, business, car-news, european, heeremaholdingcompany, report, saab, saab loan, saabspyker, spyker