Swedish Automobile NV operates in the Motor vehicles and car bodies sector. Swedish Automobile NV, formerly Spyker Cars NV, is a Netherlands-based company engaged in the automobile industry sector. The Company, along with its subsidiaries, produces and distributes automobiles under Saab and Spyker brands. As of December 31, 2010, the Company operated in three business segments, namely Saab Vehicles, Saab Parts and Spyker Automotive. The Saab Vehicles segment comprises the design, development, manufacture and distribution of Saab cars. The Saab Parts segment comprises the manufacture and sale of Saab spare parts and accessories, and includes the sale of Opel spare parts for Scandinavia and South East Asia areas. The Spyker Automotive segment's activities are related to corporate and general financing companies. As of February 23, 2010, the Company acquired Saab Automobile AB. In 2011, the Company's following subsidiaries filed for bankruptcy: Saab Great Britain Ltd (November), Saab Automobile AB, Saab Automobile Tools AB and Saab Powertrain AB (December). In
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