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GM Is Selling Saab To Spyker Cars

johncadengo writes "General Motors said today that it has struck a preliminary deal to sell Saab to Spyker Cars, a tiny Dutch maker of high-end sports cars, saving the Swedish automaker from what seemed like certain extinction after previous bids for it collapsed. A previous bid from Spyker was rejected by GM in late December because GM was uncomfortable with Spyker's Russian backers. The biggest investor in Spyker is the Russian bank Convers Group, which is controlled by Alexander Antonov. In March, Mr. Antonov was shot seven times and reportedly lost a finger in an attempt on his life in Moscow. No arrests have been made. His son Vladimir, 34, is a top executive at Convers and the chairman of Spyker." GM is taking a bath on the deal, financially speaking.

3 of 264 comments (clear)

  1. Re:Niggers and spics by TwiztidK · · Score: 0, Offtopic

    I'm struggling to see how your opinion relates to GM selling Saab to Spyker...

    --
    Sent from my iPhone 5
  2. How about a (-2) hate-speech mod. by starbugs · · Score: 0, Offtopic

    How about a (-2) 'hate speech' mod.

    Offtopic,Troll or Flamebait is just not enough.
    Then I can read slashdot at a -1 threshold without having to read this crap.
    (some Offtopic -1 post are still interesting)

  3. Re:Is this headline news only because by Arancaytar · · Score: 0, Offtopic

    Nice Troll mod there, dude.

    Morning coffee hasn't kicked in yet, eh?