Uncertainty over Saab

Posted on 21 Dec 2009 by The Manufacturer

General Motors’ sale of its Saab brand to niche Dutch car maker Spyker could now be back on after a new bid was submitted yesterday.

The US firm had announced Friday that it was going to wind the Swedish brand up in January after talks with Spyker, backed by the Swedish government, broke down owing to unspecified but reportedly irreconcilable disagreements. However, Spyker yesterday submitted a new bid with an 11 point plan which it says addresses all of the…

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