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Read the Spyker Cars press release announcing the purchase of Saab from GM

PRESS RELEASE: GENERAL MOTORS AND SPYKER CARS REACH AGREEMENT ON SAAB -- GM and Spyker Cars announce a binding agreement over the transfer of 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 -- Spyker shareholders will restructure at closure of the deal -- Swedish Government issues guarantee in favour of EIB ZEEWOLDE, The Netherlands (26 January, 2010) -- General Motors Company and Spyker Cars N.V, today confirmed the details of a binding agreement over the transfer of ownership of Saab Automobile AB of Trollh

Jaguar shuffles executives as it goes for growth (2013)

Jaguar-Land Rover has a new engineering boss and product delivery enforcer, as it gears up for an unprecedented new model push. Announced today and effective from 1 August 2013, Dr Wolfgang Ziebart becomes group engineering director, replacing Bob Joyce who moves into the new role of product creation and delivery director. Ziebart worked in R&D at BMW for 23 years, before moving onto key suppliers Continental and semi-conductor maker Infineon.

New Saab 9-5 Revealed

The new Saab 9-5 (2010) will launch at Frankfurt in September The new Saab 9-5 is very overdue. The current model is now 12 years old, and long due for replacement. But GM’s problems and now Saab’s takeover by Koenigsegg have conspired to delay the new 9-5, but it now looks clear that it will launch officially at Frankfurt in September.