GM Sells Saab to Swedish Buyer

Automaker Saab files for bankruptcy
Saab Automobile filed for bankruptcy on Monday after attempts by Chinese investors to take over the loss-making brand were blocked by previous owner General Motors Co.

GM to sell Saab to Dutch carmaker Spyker
General Motors Co. said Tuesday it has reached an agreement to sell its struggling Saab Automobile arm to the small Dutch luxury carmaker Spyker Cars NV.

Spyker Cars renews bid to buy Saab from GM
In a final attempt to rescue Saab Automobile AB, Dutch auto maker Spyker Cars on Sunday submitted a new offer to buy the Swedish brand from General Motors Co.

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