GM is close to picking its preferred bidder for Saab - and Spyker is favourite according to reports.
Swedish news agency TT is reporting that GM favours a buyer that has experience in car production on a small scale and that plans to keep production in Sweden. This makes Spyker the most likely option.
"There are signals everywhere showing we are well on track," said a Saab spokesman.
GM has said it will close Saab at the end of the year if it cannot find a buyer, but has said it will extend fund sto the company beyond that date if sale talks are progressing.
Twitter - follow autocar.co.ukSee all the latest Saab reviews, news and video
Join the debate
Add your comment
Re: Spyker favourite to buy Saab
What problems exactly? The Koenigsegg deal ended due to an ever increasing timeline. GM sitting on the fence, BIAC pushing for more control, the EU not making a decision on the EIB loan, lack of support for the Swedish government. Now the situation is different. The EU are just about to give a positive answer to the EIB loan, GM have a December 31st deadline, The Swedish government has appointed a SAAB czar to help in anyway for the process to go through and Spyker has a very strong financier behind them.
Re: Spyker favourite to buy Saab
+1
Re: Spyker favourite to buy Saab
How are Spyker going to solve the problems that lead to the collapse of the Koenigsegg deal? Surely, as a European supercar minnow, they will encounter the same issues?