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Saab Automobile was sold to Spyker Cars N.V. in 2010 after a deal between Spyker and then-current owner General Motors.After struggling to avoid insolvency throughout 2011, the company petitioned for bankruptcy following the failure of a Chinese consortium to complete a purchase of the company; the purchase had been blocked by former owner GM, which opposed the transfer of technology and ...
The American manufacturer General Motors (GM) took 50 percent ownership. Two well-known models to come out of this period were the Saab 9-3 and the Saab 9-5. Then in 2000, GM exercised its option to acquire the remaining 50 percent. In 2010 GM sold Saab Automobile AB to the Dutch automobile manufacturer Spyker Cars N.V. [3] [4] Saab 900
As a result, General Motors announced that Saturn Corporation would be ceasing all operations in 2010, and that all Saturn dealerships would be closed by October 31, 2010, or until all of their inventory had been sold. GM ended Saturn production October 7, 2009 [18] and ended its outstanding franchises on October 31, 2010. [19] [20]
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General Motors Diesel: London, Ontario: Canada: EMD Locomotives New Look bus Terex earthmovers Military vehicles: 1950: 1979: Located at 2021 Oxford St. E. 3 M: General Motors Diesel Division Saint-Eustache Bus Plant: Saint-Eustache, Quebec: Canada: GMC New Look bus Classic bus: 1979: 1987: Manufactures transit buses.
Following the sale of 50% of the car division Saab Automobile AB to General Motors, the main reason behind the merger with lorry manufacturer Scania-Vabis in 1968 had disappeared. Also in 1995 Saab Military Aircraft and British Aerospace (now BAE Systems ) formed the joint venture company Saab-BAe Gripen AB, to manufacture, market and support ...
The Saab 9-3 (pronounced nine-three) is a compact executive car initially developed and manufactured by the Swedish automaker Saab.. The first generation 9-3 (1998–2003) is based on the GM2900 platform, changing to the GM Epsilon platform with the introduction of the second-generation car (2003–2012).
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