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Spyker Purchase Of Saab Finalized

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After a riotous ride that put it in peril of going the way of Saturn, Saab's sale saga has finally ended, as Spyker announced today it has taken ownership and finalized the purchase of the Swedish marque.

Saab will now operate alongside Spyker under the parent company Spyker Cars N.V. Spyker hails the finalization of the deal as "the start of an exciting new era for the iconic brand." It certainly beats being tossed on history's junk heap of failed auto brands--and the quirky Dutch supercar company may yet prove to be a positive influence on the legendary Saab brand.

Saab CEO Jan Ake Jonsson is happy with the move, too, calling the deal "great for Saab's customers, dealers, suppliers and employees around the globe." He's now looking forward to the brand's next steps, including the new 9-5 sedan, which will go on sale later this year. Jonsson also said, "the level of passion and support shown to Saab over recent months has been remarkable, and this does bode well for the future."

We're looking forward to seeing the sleek and definitely Swedish 2010 Saab 9-5 on the streets, and hopping behind the wheel of one as well. For full details on the upcoming sedan, check out our preview here.

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bepsf Posted: 2/23/2010 9:09am PST

Yay - The Swedish Soap Opera is over!

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adamk Posted: 2/23/2010 10:22am PST

It's going to be tough, especially under new owners and in the midst of a global recession. However, I truly hope Saab is able to pull off a miracle and become a truly viable brand. The new 9-5 is a strong start, the 9-4X should be decent, but the real test will be how fast a badly needed, all-new 9-3 can be brought to market. Fingers crossed...

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dan aka 64 chevyman Posted: 2/23/2010 12:56pm PST

Great platform great car and likely great engine technology to build from. Where does it go from here however? Can a small group of technically sound engineers and enthusiasts bring on the next technology to come such as something similar to the Volt which I suspect will be in a high percentage of driveways in the next few years. Think about it no gas used all week then only using 5 gallons on the weekend trip to the park or historic of you choice even if it's 500 miles away!!! Finally do they get the Saab dealers? Likely yes! If so can they get recognition in the car critic's eyes as a viable player to drum up business. Yea I hope so too! Every car maker will be chasing the Volt! Think about it!

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