11/01/2010

Spyker Makes Saab Offer

Spyker Cars today has made a revised offer to General Motors for the acquisition of Saab Automobile.

Victor Muller, CEO of Spyker Cars said: "We have continued a constructive dialogue with GM over the acquisition of Saab."

He continued: "We believe the Saab brand has lots of potential and would be keen to close a deal as quickly as possible."

According to Used Car Expert Magazine prices on Saabs have been depressed for the last 18 months.

Editor Matt Tumbridge thinks there is only a short time left for consumers to bag a bargain.

"The Saab brand has long been under-supported by GM in the UK and dealers have been discounting stock to get rid of it - most notably Stratstone who have been advertising a half million pound Saab stock clearance."

(PR/GK)

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