Saab secures European Investment Bank loan

9 February 2010 in Car News, GM, Saab, Spyker

Moves to save Saab have taken another step forward overnight with the European Commission approving a 400 million euro (AUD$633 million) loan from the European Investment Bank to help establish Saab Spyker Automobiles N.V. European Union competition commissioner, Neelie Kroes, said the loan to Saab will not cause “any undue distortions of competition” and complied with [...]

Original article from: Australian Car Advice - Australia's largest independent Auto site.

Saab secures European Investment Bank loan

9 February 2010 Car News, GM, Saab, Spyker