Spyker Cars pays off GM for Saab early

Spyker Cars pays off GM for Saab early

Spyker has just proudly announced that the Dutch supercar maker has already completely paid General Motors for the purchase of Saab. The purchase was agreed to be split into two payments, the second of which was due on July 15, but Spyker chose to send the full $24 million to Detroit ahead of time. The builder of the C8 Aileron (pictured) said that the funds came from internal sources, and that the company didn’t have to take on any additional debt because of the early payment. So there was no need to wait.

The bold move is the latest in Spyker’s plan to breathe life back into the troubled Saab. Recently, the company announced ambitious plans to broaden Saab dealer networks across the globe and especially in North America. At the same time, production of the C8 Aileron will increase as well, this is consistent with the company’s plan to sell its supercar alongside standard Saab production models.

Spyker has just proudly announced that the Dutch supercar maker has already completely paid General Motors for the purchase of Saab. The purchase was agreed to be split into two payments, the second of which was due on July 15, but Spyker chose to send the full $24 million to Detroit ahead of time. The builder of the C8 Aileron (pictured) said that the funds came from internal sources, and that the company didn’t have to take on any additional debt because of the early payment. So there was no need to wait.

The bold move is the latest in Spyker’s plan to breathe life back into the troubled Saab. Recently, the company announced ambitious plans to broaden Saab dealer networks across the globe and especially in North America. At the same time, production of the C8 Aileron will increase as well, this is consistent with the company’s plan to sell its supercar alongside standard Saab production models.

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