"We are delighted - this is great news for employees of Saab GB and its franchised dealers. We are now looking forward to a busy period of exciting new product launches over the next 24 months, starting with the UK launch of the all new 9-5 in our dealers on July 8th," Jonathan Nas, Saab GB managing director said in a statement.
"Our dealer body has a reputation for individual customer service that fits perfectly with Saab's position as an independent manufacturer, and I know they can't wait to get started showing customers our new flagship."
Saab completed its passing over to Spyker this February, after perhaps the most troubled year in its history. Under the terms of the deal, GM retained preferred shares in Saab worth $326 million, while Spyker received a 400 million loan, guaranteed by the Swedish government.
"We are very pleased that we have managed to finalize the acquisition of Saab GB within the time frame set and thank General Motors for their cooperation. We look forward to seeing Saab GB flourish with the introduction of so many new products in the coming months, starting with the all new 9-5. Historically, Great Britain has ranked in the top three markets for Saab and we have high expectations for the future,"
Google News