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GM is selling it to Dutch supercar maker Spyker in a $400 million deal....
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Persistence pays off for Spyker's CEO Victor Muller
AMSTERDAM
AMSTERDAM (Reuters) - Etched on the emblem of Dutch supercar maker Spyker Cars is the motto "nulla tenaci invia est via," or "for the tenacious, no road is impassable," words that have driven Chief Executive Victor Muller for the past few months.
Muller, 50, clinched a deal against expectations on Tuesday to buy Swedish automaker Saab from General Motors in a deal worth $400 million, to merge a niche maker of 200,000 euro ($282,000) two-seaters with a Swedish brand known for its staid yet distinctly styled sedans and hatchbacks.
Compared to escape artist Harry Houdini by the Dutch media for his ability to slip out of tight spots, the classic car fanatic's latest venture will test his ability to navigate difficult terrain.
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AMSTERDAM
AMSTERDAM (Reuters) - Etched on the emblem of Dutch supercar maker Spyker Cars is the motto "nulla tenaci invia est via," or "for the tenacious, no road is impassable," words that have driven Chief Executive Victor Muller for the past few months.
Muller, 50, clinched a deal against expectations on Tuesday to buy Swedish automaker Saab from General Motors in a deal worth $400 million, to merge a niche maker of 200,000 euro ($282,000) two-seaters with a Swedish brand known for its staid yet distinctly styled sedans and hatchbacks.
Compared to escape artist Harry Houdini by the Dutch media for his ability to slip out of tight spots, the classic car fanatic's latest venture will test his ability to navigate difficult terrain.
>
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