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  • Saab Not Gone Yet, Spyker Confirms Talks Are Ongoing With GM

Saab Not Gone Yet, Spyker Confirms Talks Are Ongoing With GM

Nate Martinez
Jan 25, 2010
Recent Web chatter positioned Spyker Cars as being the sole surviving suitor of GM's Saab division. Today, the Dutch sports car maker confirmed it was in fact still in talks with the General, but didn't mention that it was the lone buyer hoping to scoop up the Swedish brand.
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The outcome of the talks "is still uncertain," Spyker revealed in a statement, but they're expected by company execs to end soon. Per its statement, "As Saab is currently in liquidation talks must end soon."
Rumored among the other remaining bidders is investment firm Genii Capital with partner Bernie Ecclestone, head of Formula 1 racing.
At a press conference this morning, GM said there were no changes to the Saab wind-down plan, meaning no deal has been reached. Stay tuned for more Saab saga details.
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Below is Spyker's official statement:
"Zeewolde, the Netherlands, 25 January 2010 – Spyker Cars N.V., manufacturer of exclusive premium sports cars, has noted recent press speculation about the SAAB negotiations. Spyker confirms that talks are ongoing, the outcome of which is still uncertain. As SAAB is currently in liquidation talks must end soon."
Source: Spyker
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