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  • GM extends deadline for Saab bidders

    03 Jan 2010

    |

    3,560 views

    GM has announced that it has extended its deadline for potential bidders of Saab, in a move that hands the Swedish carmaker a lifeline for survival

    GM is still continuing the wind-down process of Saab though, but in the wake of renewed interest in Saab from Spyker Cars, as well as several other interested parties, GM has extended the deadline for bids from 31st December to 7th January.

    "We are preparing the wind-down process. At the same time we are open to options, to bids that come in. Therefore the deadline has also been dropped," said Saab spokesman Eric Geers. Spyker CEO Victor Muller has made a final offer for Saab, with a decision to be made soon.

    Saab has also announced that it will restart production of the new 2010 Saab 9-5 as well as the 9-3 Convertible models. "We have the orders and we have to deliver them as usual. We also have the orders for the 9-3 and others. The factory has to continue again," Geers said.
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    gm general motors saab takeover spyker spyker cars saab ag saab 9-5 saab 9-3 2010 saab 9-5 saab 9-3 convertible

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    • Home
    • Car Articles
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    • Saab News

    GM extends deadline for Saab bidders

    03 Jan 2010

    |

    3,560 views

    GM has announced that it has extended its deadline for potential bidders of Saab, in a move that hands the Swedish carmaker a lifeline for survival

    GM is still continuing the wind-down process of Saab though, but in the wake of renewed interest in Saab from Spyker Cars, as well as several other interested parties, GM has extended the deadline for bids from 31st December to 7th January.

    "We are preparing the wind-down process. At the same time we are open to options, to bids that come in. Therefore the deadline has also been dropped," said Saab spokesman Eric Geers. Spyker CEO Victor Muller has made a final offer for Saab, with a decision to be made soon.

    Saab has also announced that it will restart production of the new 2010 Saab 9-5 as well as the 9-3 Convertible models. "We have the orders and we have to deliver them as usual. We also have the orders for the 9-3 and others. The factory has to continue again," Geers said.
    24.4k

    Tags

    gm general motors saab takeover spyker spyker cars saab ag saab 9-5 saab 9-3 2010 saab 9-5 saab 9-3 convertible

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