Spyker makes bid to purchase Saab

Koenigsegg’s sudden decision to drop out of purchasing Saab from General Motors has opened the doors for at least four different investment groups to purchase the floundering Swedish brand, which, incidentally, has not posted a profit for the past seven years. One of the potential buyers of Saab is the Dutch supercar manufacturer Spyker, which, together with its parent company, Converse Bank of Russia, has posted a bid to purchase Saab.

Unlike Beijing Automotive Industry Holding Co – who only seems interested in Saab’s 9-3 and 9-5 sedans – Spyker is looking at purchasing the whole Saab brand with an eye towards further developing the 9-4X crossover, as well a using Saab’s technology to further develop its own crossover, the D12 Peking-to-Paris.

In addition to Spyker and BAIH, Merbanco Inc. and Renco Group Inc. are also in the running to purchase Saab from General Motors.