Sale of Saab to Spyker Finalized; Sale of HUMMER Fails, Wind-Down to Begin
Green Car Congress
FEBRUARY 25, 2010
General Motors and Spyker Cars NV finalized the deal for Spyker to purchase Saab Automobile AB. Tengzhong) was unable to complete the acquisition of HUMMER. As a result, GM will begin the orderly wind-down of the HUMMER operations. The previously announced wind down of Saab operations has ended.
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