Dutch comeback kid to revive Swedish Saab

iny Dutch Spyker will buy the once mighty Saab, with help from the Swedish government. If it goes wrong, Swedish tax payers have to foot the bill.

The question on everybody's lips at the press conference in Stockholm on Tuesday was raised by Spyker chief executive Victor Muller himself. "How can such a small Dutch company take over Swedish Saab?" He answered it by saying these are abnormal times in the car industry during which unusual transactions take place. "Under normal circumstances, probably Saab would have been buying Spyker," Muller told reporters.

Read more >> | NRC-Handelsblad

Labels: Economy, Saab

- posted by DD @ 9:28 p.m. Perma Link/Print  

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