Spyker finalises Saab acquisition

Spyker Cars, a manufacturer of premium automobiles under the Saab and Spyker brands, has confirmed that it has finalised an agreement with vehicle manufacturer General Motors to purchase Saab Great Britain, the UK distributor of Saab cars.

Saab GB will complete a carve-out process from General Motors in the next few months, allowing it to operate as an independent company.

The carve-out will culminate in a move to new premises, expected to take place in August 2010.