Associated Press

Saab Spyker Automobiles NV may announce that it is locating its U.S. headquarters in the Detroit suburb of Royal Oak.

Bill Mullan, a spokesman for Oakland County Executive L. Brooks Patterson, tells The Associated Press that a tax incentive for Saab is on the agenda for the Michigan Economic Growth Authority's Tuesday meeting.

Mullan said he could neither confirm nor deny that Saab has chosen Royal Oak as the site of its North American headquarters. But Royal Oak Mayor Jim Ellison told WJBK-TV that he expected Gov. Jennifer Granholm to make the announcement at a Tuesday news conference.

General Motors Co. in January sold Saab to Dutch carmaker Spyker Cars NV in a $74 million deal.


Anonymous said...

Is this really positive? Leaving Detroit for Royal Oak? And Saab has no money to launch product.

Erin Rose said...

Saab didn't "leave" Detroit for Royal Oak. GM sold Saab to Spyker Automobiles back in Jan. Spyker could have moved Saab's North American headquarters ANYWHERE, but choose to keep the company in Michigan, i.e. J-O-B-S.

Saab also received a $563 million investment loan from the Swedish government, so I am thinking that may help them produce a few vehicles.

So to answer your question, yes this is really positive.

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