Saab locating North American headquarters with about 60 jobs in Detroit suburb of Royal Oak
By APTuesday, March 16, 2010
Saab to locate North American HQ in Royal Oak
ROYAL OAK, Mich. — Saab Cars North America plans to locate its headquarters in the Detroit suburb of Royal Oak.
Company spokeswoman Michele Tinson tells The Associated Press the automaker will bring about 60 employees to the site after the Michigan Economic Growth Authority on Tuesday approved a tax incentive worth more than $1 million.
Tinson said Royal Oak also approved a tax break for the project. She said work moving in employees should begin Wednesday.
General Motors Co. in January sold Saab Automobile AB to Dutch carmaker Spyker Cars NV in a $74 million deal. Tinson says most of the employees formerly were based at GM’s downtown Detroit headquarters in the Renaissance Center.
Spyker Cars now is the parent company of Saab Automobile and Saab Cars North America.
