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Spyker Clarifies Saab to change its name to Saab

January 22, 2011 Filed Under: Spyker  
Spyker Clarifies Saab to change its name to Saab

Spyker believes that through the purchase of Saab it has a rare opportunity to acquire and rebuild a global car, In advance of the General Meeting of Spyker shareholders, to be held on 12 February 2010, and which was convened on 28 January 2010, Spyker Cars N.V. (“Spyker”) provides further strategic and financial details regarding its acquisition of Saab Automobile AB (“Saab”).

Spyker Cars N.V. intends to adopt a resolution to change its name to Saab Spyker Automobiles NV (“Saab Spyker”). This entity will operate Spyker and Saab as two separate operating companies, each focused on its distinct target markets with their respective vehicle lines. Saab Spyker believes that its two brands, both deeply rooted in aeronautical and automotive history, will benefit from sharing certain assets and technology services.

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