Tag Archives: general motors

Spyker Buys Saab from General Motors

Spyker Buys Saab from General Motors

  • February 22, 2010
  • Posted in News

Saab, the struggling Swedish car firm that once made fighter jets, is being sold to Spyker, the luxury sports car maker based in the Netherlands. After months of speculation, General Motors finally confirmed that they had found a buyer after …

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GM slams Vauxhall/Opel deal into reverse

GM slams Vauxhall/Opel deal into reverse

  • November 13, 2009
  • Posted in News

General Motors’ board of directors has done a massive u-turn and decided not to sell Vauxhall/Opel to Canadian car parts supplier Magna International. The move infuriated German politicians who had lent GM a 1.5billion euro bridging loan to support the …

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