NEWSMAKER-Persistence pays off for Spyker's CEO Victor Muller

Newswire

By Harro ten Wolde AMSTERDAM, Jan 26 (Reuters) - Etched on the emblem of Dutch supercar maker Spyker Cars is the motto "nulla tenaci invia est via", or "for the tenacious, no road is impassable", words that have driven Chief Executive Victor Muller for the past few months. Muller, 50, clinched a deal against expectations on Tuesday to buy Swedish automaker Saab from General Motors [GM.UL] in a deal worth $400 million, to merge a niche maker of 200,000 euro ($282,000) two-seaters with a ...

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