Vistik susitare su GM

DETROIT - General Motors and Spyker Cars NV today confirmed that they have 
reached a binding agreement on the purchase of Saab Automobile AB.

"Today's announcement is great news for Saab employees, dealers and 
suppliers, great news for millions of Saab customers and fans worldwide, and 
great news for GM," said John Smith, GM vice president for corporate 
planning and alliances.

"General Motors, Spyker Cars, and the Swedish government worked very hard 
and creatively for a deal that would secure a sustainable future for this 
unique and iconic brand, and we're all happy for the positive outcome," 
Smith said.

As part of the agreement, Spyker intends to form a new company, Saab Spyker 
Automobiles, which will carry the Saab brand forward. The sale will be 
subject to customary closing conditions, including receipt of applicable 
regulatory, governmental and court approvals. Other terms and conditions 
specific to the sale will be disclosed in due time.

The Swedish government is at present reviewing the transaction and the 
related request for guarantees of a Saab Automobile loan that has been 
requested from the European Investment Bank. Assuming quick action, the 
transaction is expected to close in mid-February, and previously announced 
wind down activities at Saab will be immediately suspended, pending the 
close of the transaction.

"Throughout the negotiations, GM has always had the hope to find a solution 
for Saab that would avoid a wind down of the brand," added Nick Reilly, 
president, GM Europe. "We've worked with many parties over the past year, 
including governments and investors, and I'm very pleased that we could come 
to such a good conclusion, one that preserves jobs in Sweden and elsewhere. 
GM will continue to support Saab and Spyker on their way forward."

Source: GM


-- 
Show must go VON!