And we all really thought Saab will be a dead brand. General Motors and Spyker has confirmed that they have reached an agreement for the sale of Saab.

That should be great news from everyone involved with Saab. It should be a great acquisition for Spker. GM could now breathe a sigh of relief. And Saab fans should be very well pleased.

The deal would result in a formation of a new company merging Saab and Spyker – Saab Spyker Automobiles.

And even though GM announced a continued wind-down of Saab operations, reports have it that the 2011 Saab 9-4X is already being produced in limited volumes. Maybe that should give Spyker a bit of headstart in sales.

Anyway, this is great news for everyone who makes a living with Saab and at least, a 60 year-old car brand wouldn’t simply bite the dust.