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Saab Automobile
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====2010 β purchase of Saab==== On 26 January, General Motors (GM) confirmed it had agreed to sell Saab to [[Spyker N.V.]]<ref>{{cite news |place=UK |url=http://www.autocar.co.uk/News/NewsArticle/AllCars/246896/ |title=Saab sale β full details |work=Autocar |date=26 January 2010 |access-date=15 April 2017 |archive-date=1 February 2010 |archive-url=https://web.archive.org/web/20100201051321/http://www.autocar.co.uk/News/NewsArticle/AllCars/246896/ |url-status=live }}</ref> subject to regulatory and government approval; the sale was completed on 23 February 2010.<ref>{{cite press release |url = http://www.saabsunited.com/2010/02/spyker-cars-finalizes-the-purchase-of-saab.html |title = Spyker Cars finalizes the purchase of Saab |work = Saabs United |date = 24 February 2010 |access-date = 15 April 2017 |archive-date = 16 April 2017 |archive-url = https://web.archive.org/web/20170416045349/https://www.saabsunited.com/2010/02/spyker-cars-finalizes-the-purchase-of-saab.html |url-status = live }}</ref> General Motors would continue to supply Saab with engines and transmissions, and also completed vehicles in the shape of the new Saab 9-4x from GM's Mexican factory. The deal included a loan from the European Investment Bank, guaranteed by the Swedish government. It comprised US$74m in cash up front, payable to GM by July 2010, and shares in Spyker to the tune of US$320m.
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