Re: If news are correct? - Saab General Bulletin Board - Saabnet.com
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Re: If news are correct?
Posted by James [Email] (more from James) on Wed, 18 May 2011 13:43:10
In Reply to: Re: If news are correct?, pete [Profile/Gallery]
, Wed, 18 May 2011 13:36:39
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yes, but they are also buying a stake in Spyker. I believe they are getting a better deal for that stake than Hawtai was going to... something like $60-70m worth of cars and $60-70m for <30% ownership... that latter part is giving up quite a bit imho, but if/when there are no better options, what can you do, right? The distributorship in China though is a big plus and especially as that might be a good avenue to sell 9-5's (I'm assuming the Chinese still like their big luxury cars)...
James...
posted by 216.75.189...
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