Saab's future now looks more secure than it has done for several years, but it is far from certain.

After the strangest few months in Saab's history, GM has agreed to sell the Swedish car company to Spyker for $ 74m. The tiny Dutch supercar manufacturer outmanoeuvred all-comers to secure the winning package...

Full details of the deal have yet to be announced, but it is thought that the $ 74m is an initial payment that will be followed up by a $ 326m package of preferred shares from the new Spyker-owned entity. The deal requires that the Swedish government agree to guarantee a 400m euro loan from the European Investment Bank.

The deal did see Spyker's Russian chairman Vladimir Antonov step down. However, the continuation of Saab's operations will not be that simple - the company was already partially wound down - and production of the outgoing 9-5 saloon has been sold to the Chinese. So, Spyker will need to oversee the introduction of the new 9-5 saloon and estate.

Saab's future now looks more secure than it has done for several years, but it is far from certain.