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Posts Tagged ‘Swedish Automobiles’

Spyker to Signal Revival with B6 Concept Car

Dutch maker planning “resurgence” in wake of Saab disaster.

by on Feb.20, 2013

The Spyker B6 Concept will debut in Geneva.

In an industry where there’s always plenty of drama and intrigue, the saga of few companies have more resembled a soap opera than that of little Dutch automaker Spyker – whose Jonah-swallowing-the-whale acquisition of Saab nearly destroyed both companies.

While the remains of the Swedish maker have been sold off to a Japanese-Chinese consortium, Spyker CEO Victor Muller is planning what is being billed as a “global resurgence!” when the Dutch firm introduces the new B6 concept car at the Geneva Motor Show on March 5th.

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“We’ll have some big news,” CEO Muller hinted during a recent conversation with TheDetroitBureau.com, “but you’ll just have to wait to find out more.”

So, what’s Spyker got planned? Well, were it not for the fact that Saab used the name, “Phoenix,” for its own concept car a few years back, that might have been a perfect badge for what Muller and company have in mind.

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Saab Looks for Solution to GM Objections

Court-appointed administrator says negotiators are still working to save automaker.

by on Nov.09, 2011

Another day, another desperate attempt by Saab owner Swedish Automobile to save the tiny Swedish automaker.

Swedish Automobile CEO Victor Muller told Reuters that it would have to go back to the drawing board after General Motors rejected its proposed rescue plan where it would be sold to Chinese investors Pang Da and Youngman Lotus.

Court-appointed administrator Guy Lofalk told Reuters that GM’s decision may just be one bump in the road as negotiators try to find a solution to save the automaker.

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GM owns preference shares of Saab and supplies the automaker with powertrains as well as the Saab 9-4x crossover that it builds alongside the Cadillac SRX in Ramos Arizpe, Mexico. The automaker offered to continue to supply Saab if the company paid $500 million to the Detroit automaker.

“I had warned the Chinese that GM would have a mega problem with any other deal other than the original 54 percent stake in Swedish Automobile. Unfortunately, I was right,” Muller told Automotive News. Muller engineered the purchase of Saab from GM in 2009 and remains an investor in Swedish Automobile.

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