Blog Archive

Monday, December 21, 2009

Spyker Renews Offer for SAAB


In what could be a final attempt to save SAAB from closing down, tiny Dutch sports car maker Spyker submitted a new 11-point proposal to buy the Swedish brand from General Motors on Sunday. The Dutch company said that its new proposal addresses all the issues that resulted to the collapse of the talks earlier this week. However, Spyker noted that the renewed offer is valid until 5pm (Eastern Standard Time) on Monday December 21, 2009.

GM issued today an official statement saying that, following Friday's announcement on the closure of SAAB, it "received inquiries from several parties" and it will evaluate each and every one without disclosing any more details on the matter.