SAAB lives!!

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  • Dr Mordrid
    Moderator
    • Apr 2001
    • 26592
    #1

    SAAB lives!!





    GM is selling it to Dutch supercar maker Spyker in a $400 million deal....

    Link....

    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.
    >
    Dr. Mordrid
    ----------------------------
    An elephant is a mouse built to government specifications.

    I carry a gun because I can't throw a rock 1,250 fps
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    • Elie
      MURC Writer
      • Aug 1999
      • 4420
      #2
      YAY!! Thanks Doc for the good news!!

        Comment

        • VJ
          Moderator
          • Mar 2001
          • 9733
          #3
          I'm really hoping this will work!
          I like both the Spyker design and the Saab design (albeit different types of cars); and both marques have quite a legacy...

          GM did manage to force to Russian influence (and money) out of Spyker...
          pixar
          Dream as if you'll live forever. Live as if you'll die tomorrow. (James Dean)

            Comment

            • Belwarrior
              MURCer
              • Nov 2000
              • 888
              #4
              really thank the gods for this little mercy, i've always admired SAAB cars. they seemed to have a different philosophy than others.
              Life is a bed of roses. Everyone else sees the roses, you are the one being gored by the thorns.

              AMD PhenomII555@B55(Quadcore-3.2GHz) Gigabyte GA-890FXA-UD5 Kingston 1x2GB Generic 8400GS512MB WD1.5TB LGMulti-Drive Dell2407WFP
              ***Matrox G400DH 32MB still chugging along happily in my other pc***

                Comment

                • Umfriend
                  Crabby Smurf
                  • Mar 2001
                  • 7308
                  #5
                  They'll fail and miserably at that. A company that has failed to be profitable for a long time has been taken over by a company that has never ever posted a profit. They're too small, each in their own franchise.

                  I'm sorry. People who really realy care about this should by Saabs, it's the only way. And it won;t happen.
                  Join MURCs Distributed Computing effort for Rosetta@Home and help fight Alzheimers, Cancer, Mad Cow disease and rising oil prices.
                  [...]the pervading principle and abiding test of good breeding is the requirement of a substantial and patent waste of time. - Veblen

                    Comment

                    • Elie
                      MURC Writer
                      • Aug 1999
                      • 4420
                      #6
                      Hey umfriend, if your statement is anything like your signature, I will rest easily

                      Spyker would have gone bankrupt long time ago if they were not profitable or at least holding their own. People will buy SAAB's.

                        Comment

                        • VJ
                          Moderator
                          • Mar 2001
                          • 9733
                          #7
                          IMO, part of it will depend on what know-how is left at Saab (designers, technical knowledge)... From a purely economic point of view, I tend to agree with Umfriend. But just consider Aston Martin: never made a profit, yet still around... The Spyker-Saab combination seems a combination of great philosophies, and it would be great if they manage to pull it off. The combination may be better than the sum of its parts and attract investors...
                          pixar
                          Dream as if you'll live forever. Live as if you'll die tomorrow. (James Dean)

                            Comment

                            • Umfriend
                              Crabby Smurf
                              • Mar 2001
                              • 7308
                              #8
                              LOL @ Elie! Given it is 2010 now I may indeed change it.
                              Join MURCs Distributed Computing effort for Rosetta@Home and help fight Alzheimers, Cancer, Mad Cow disease and rising oil prices.
                              [...]the pervading principle and abiding test of good breeding is the requirement of a substantial and patent waste of time. - Veblen

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