Saab will operate under the helm of its new mother company the Spyker Cars N.V. The sale marks an exciting time, though sorry to the brand which now belongs to a list of failed auto badges, as Spyker might have some positive influence to the iconic Saab brand.

The top executive of Saab sees the deal as beneficial for customers, dealers, suppliers, and employees of the company. The car manufacturer is now looking ahead to what the next step will be for their brand. The earliest move will be the roll out of the 9-5 sedan which is expected to hit dealerships on the latter part of 2010.

The government of Sweden, Spyker Cars, and General Motors explored all possibilities and potentials of the deal to make it sustainable for Saab. The transfer of the operations of Saab might take about a month complete but the completion of the deal will promote a good mood to create new products for Saab.

Spyker is a small company that makes only a handful of units every year but the persistence of their team showed its commitment to the Saab brand for the long-term.

The sales process started last summer when GM had to declare bankruptcy. Saab attracted bidders but only Koenigssegg came close to inking one only to back out because of funding problems. Spyker came up with the money and somehow gives another life to Saab.

Aah the definitive Spyker-sound!

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