This means you donʼt have to compromise: the Saab TTiD SportSedan — from
119g CO2 gives you lower emissions and reduced fuel consumption as well as
power and performance. This has been achieved by scrutinising every detail, from
weight and aerodynamics to the low rolling resistance tires. Even so, you donʼt
have to compromise on comfort either. The list of standard equipment in the Saab
TTiD SportSedan — from 119g CO2 is wonderful to read, and there are more
options available than usual in a low emission car.
Build your own Saab TTiD SportSedan — from 119g CO2.
The mission for the contestants was to capturing their view of Saab by using a Sony Ericsson SatioTM , a 12,1 megapixel camera phone with picture perfection functions.
Each day during the motor show, one winner was selected and won a Sony Ericsson HCB-108 car speakerphone that connects via BluetoothTM to your phone.
At the end of the show, the best photo was chosen from the entire period, where the winner Elena Bruzzone won a Sony Ericsson SatioTM phone with a car holder and 12-months turn-by-turn navigation. You can see the winner picture of all the winners on top of this article.
To view all pictures that participated in the photo contest, visit www.facebook.com/saab.
* Spyker Cars finalizes deal over the purchase of Saab Automobile
* Transfer of ownership has taken place
* Saab exits liquidation and the management are back in control
* Transaction signals the start of an exciting new era for Saab
* Saab and Spyker to operate under parent company Spyker Cars N.V.
Trollhättan. Spyker Cars N.V. today confirmed it has finalized the deal with General Motors Company to purchase Saab Automobile AB. The transfer of ownership took place on February 23. Prior to the close of the deal Saab exited liquidation and control was reinstated to Jan Åke Jonsson, Saab Automobile´s CEO, and his management team. Going forward Saab Automobile and Spyker Cars will operate as sister companies under the umbrella of the Amsterdam Euronext listed parent company Spyker Cars N.V. (Ticker symbol:SPYKR). This transaction secures the future of Saab Automobile and signals the start of an exciting new era for the iconic brand.
Victor Muller, CEO of Spyker Cars NV said: "We are delighted - Saab´s future is now secure." He continued: "From today we will be concentrating all of our efforts into reviving Saab and transforming it into a sustainable and profitable company with the confidence to be bold. We will reinforce the emotional experience between Saab drivers and their cars and we will focus on Saab's historical strengths in the fields of independent thinking, aircraft heritage, ecological performance and motorsport.
"Through this acquisition we add approximately 15 euros per share in equity and 60 euros of assets. With a well funded business plan in place we are looking forward to working with Saab´s management on the realization of that plan and bringing exciting new products to our customers. Real Saabs, Saab Saabs"
Jan Åke Jonsson, CEO of Saab Automobile AB said: "Today´s announcement is great for Saab´s customers, dealers, suppliers and employees around the globe, the level of passion and support shown to Saab over recent months has been remarkable and this does bode well for the future. Now we aim to get back to the execution of our business plan, starting with the introduction of the new 9-5 later this year, and with the continued support of our employees and business partners I am confident we will succeed."
"This transaction represents the successful outcome of months of hard work and intense negotiations, all aimed at securing a sustainable future for this unique brand, and we are pleased with the positive outcome," said John Smith, GM vice president for corporate planning and alliances. "This is a great day for Saab employees, dealers and suppliers, and a great day for millions of Saab customers and fans worldwide."
CONTACT:
Saab Automobile Press Office
Tel: +46 (0)520 279797
* GM and Spyker Cars announce a binding agreement over the ownership of Saab
* Terms are agreed and the deal is expected to close in February
* Saab´s future as an independent company is secured
* Saab will exit the orderly wind-down process
Trollhättan. General Motors Company and Spyker Cars NV, led by CEO Victor Muller, today confirmed the details of a binding agreement over the purchase of Saab Automobile AB. The transaction is expected to close in February and Saab Automobile will exit the orderly wind down process in line with that timetable.
Jan Åke Jonsson, CEO of Saab Automobile AB said: “It has been a challenging 12 to 15 months for Saab but our global organization has shown a fighting spirit that will serve us well going forward. The agreement with Spyker Cars has secured Saab´s future and will enable us to maximize the brand´s potential through an exciting new product line-up with a distinctly Saab character." He continued: “Today´s news is great for Saab´s customers, dealers, suppliers and employees around the globe, the level of passion and support shown to Saab over recent months has been remarkable and I would like to take this opportunity to thank all of those people who continued to believe that Saab deserved a future. Now we aim to get back to the execution of our business plan and with the continued support of our employees and business partners I am confident we will succeed."
“As a responsible corporate citizen in Europe, and throughout the entire period, GM has always had the hope to find a positive solution for Saab that would avoid a wind-down of the brand," added Nick Reilly, President GM Europe. “We´ve worked very hard with many parties, including governments and investors, and I´m very pleased that we could come to such good conclusion that preserves jobs in Sweden and elsewhere. GM will continue to support Saab and Spyker Cars on their way forward."
Victor Muller, CEO of Spyker Cars NV said: "Following today's announcements, I can say with confidence that I, along with the team at Saab and Spyker, am looking forward to a bright and exciting future. As we've said from the beginning, Saab is an iconic brand that we will all be proud to shepherd. The actions and enthusiasm we've witnessed from the international Saab community, including employees, dealers and most importantly the owners of the 1.5 million Saabs on the road today underscore that our efforts to bring Saab and Spyker together are well placed. We look forward to providing the financial and entrepreneurial capital required to make Saab a glorious success."
The sale will be subject to customary closing conditions, including receipt of applicable regulatory, governmental and court approvals. Other terms and conditions specific to the sale are not being disclosed at this time. Deutsche Bank acted as financial advisor to General Motors Corporation.