http://www.gminsidenews.com/forums/f...ruptcy-107648/
Long story short:
GM sold Saab off to Spyker and the Sweedish govt, gave them three vehicles that GM paid for full development.
That went well for about 10 mins, and then Spyker needed more help, so they tried to off-load Saab onto the Chinese. After 4-5 different Chinese and even Russian investors and GM couldn't reach an agreement, Saab was left in the open.
Oh well, not a tear will be shed here.