Spyker unveils business plan for Saab

Just a week after agreeing in principal to purchase Saab from General Motors, Spyker Cars has announced its product plans for the Swedish automaker.

Officials from Spyker have said that the new brand will be built around the 9-3, the 9-4X and the 9-5. An entry-level 9-1 hatchback, similar to the Mini Cooper, is still under consideration but is not part of the current business plan, according to Fox News.

Saab will look to be competitive in the luxury mid-size segment against sedans manufactured by BMW and Audi.

Meanwhile, Spyker has recently been scrutinized by the European media amid questions regarding how the small Dutch sports car maker is planning on raising the $74 million cash payment due to GM.

Victor Muller, CEO of Spyker, has acknowledged that a $24 million payment due to General Motors in July has yet to be secured, but said that several potential investors have already contacted the company in regard to financing, the Financial Times reports.

“Nobody believed we could pull this deal off but now we have done it, people are approaching us wanting to be involved,” he told the news source