GM close to agreement on the sale of the Dutch Spyker Saab

American automaker General Motors is close1000to an agreement to sell its Swedish unit Saab niderlandskomu sports car manufacturer Spyker Cars, says Financial Times.

tentative agreement can be reached by the parties as early as Monday, that would mean a freeze of the eradication of the Swedish automaker.

deal, details of which has not yet agreed upon, provides for the payment for the shares of Saab, and possibly also in the form of shares of the new Saab-Spyker.

Another contender for the purchase of Saab was a consortium of investment company Genii Capital, a Swedish businessman Lars Karlstrema and head of Formula 1 Bernie Ecclestone.

Saab began producing cars in 1947, GM bought 50% of the company in 1990, but 10 years later became its sole owner. The enterprises are engaged Saab 3,4 thousand employees, the company employs more than 1,1 thousand dealers. This year, the company is expected to not be able to sell more than 50 thousand cars, which will not exceed 1% of the total sales of GM. Saab was losing 19 of the 20 years that it is under the control of GM.

American company selling unprofitable brands such as Saturn, Hummer, to focus on its core brands of the company.

Spyker takes its origin from the company, established in 1875 for the production of carriages for the royal family of the Netherlands. Her co-owner of a financial company controlled by Russia businessman Vladimir Antonov.


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