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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

Saab bidding closed, buyer announced soon

We should know the buyer of Saab soon The Swedish press have been told that the bidding on Saab has now closed and that the successful buyer will be announced shortly. It’s amazing how much interest – and speculation - there is around the demised Saab; so much so we’ve probably reported as much on Saab after its demise as we did when it was in the throes of turmoil. Saab’s administrator, Hans Bergqvist, has revealed that the bidding process is now closed and that he will be talking to Saab stakeholders to discuss the bids and confirm which of the number of bidders is successful.

2013 Mercedes E-Class Coupe & Convertible Facelift revealed

Mercedes has revealed the facelift for the 2013 E Class Convertible and Coupe – adding to the Saloon and Estate updates we saw in December. The changes to the E-Class Coupe and Convertible are similar to those on the estate and saloon, with new single headlights instead of the E-Class’s familiar double headlights (although the LED running lights up the middle of the headlight conspire to make it look like it still has twin lights), new bumpers and LED tail lights. But the E-Class Coupe and Convertible don’t the sheet metal changes the saloon an d estate get, so the Coupe and Convertible retain the pontoon rear haunches to set them apart from the four-door E-Class models.