First Thing, Daily Maverick's flagship newsletter

Join the 230 000 South Africans who read First Thing newsletter.

A South African Hero: You

There’s a 99.7% chance that this isn’t for you. Only 0.3% of our readers have responded to this call for action.

Those 0.3% of our readers are our hidden heroes, who are fuelling our work and impacting the lives of every South African in doing so. They’re the people who contribute to keep Daily Maverick free for all, including you.

We need so many more of our readers to join them. The equation is quite simple: the more members we have, the more reporting and investigations we can do, and the greater the impact on the country. We are inundated with tip-offs; we know where to look and what to do with the information when we have it – we just need the means to help us keep doing this work.

Be part of that 0.3%. Be a Maverick. Be a Maverick Insider.

Support Daily Maverick→
Payment options

GM decides to sell what’s left of Saab as a unit

Defend Truth

GM decides to sell what’s left of Saab as a unit

General Motors is now seeking to sell its Swedish Saab as a unit, rather than in bits and pieces, with Dutch maker of sports cars, Spyker Cars, taking pole position among potential buyers. Spyker, which manufactures top-priced sports cars costing $235,000 a pop, is in confidential talks with GM in Zurich. Bloomberg says GM has reached a separate preliminary deal to sell some technologies from Saab to Beijing Automotive Industry Holding. Any sale of Saab will depend on EU approval of a $585 million loan from the European Investment Bank. But it’s still a long road back to health for both GM and Saab, as their images have been seriously tarnished. Read more: Business Week

Gallery

Please peer review 3 community comments before your comment can be posted