To say that Spyker CEO Victor Muller is optimistic about the acquisition of Saab last month is an understatement. In fact, Muller has confirmed that the purchase was completed for $400 million, which he says is the “cost of a wind tunnel.”
We’ll know soon if Saab will have a successful revival, with its launch of a redesigned 9-5 sedan this summer, the arrival of the 9-4X crossover in 2011 and the debut of a new 9-3 in 2012. These products were already in the pipeline and their development has been paid for. If it wasn’t, Spyker would actually have had to invest at least 1 billion euros (about $1.36 billion) to develop these products.
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