Spyker revalues Saab assets at $182.9 million

Due to losses, Dutch automaker Spyker Cars has revised the value of its Saab assets to EUR132.3 million ($182.9 million), from EUR54.4 million. In 2010, Spyker acquired the much larger Saab for $400 million from General Motors Co. Spyker recently unveiled plans to sell its sports-car business to Russian investor Vladimir Antonov to focus on the Saab brand.
Read Article