10 Dec 2010

Spyker Renews Offer for SAAB, GM Says it Will Revaluate



Saab 9 5 0 Spyker Renews Offer for SAAB, GM Says it Will Revaluate

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 .

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.
Spyker CEO Victor R. Muller said that he believes the company’s new offer will be successful.
“We are very confident that our renewed offer will remove the impasse that was standing in the way of an agreement on Friday, and this would still allow us to conclude the deal prior to the expiry of the deadline originally set by GM of December 31st”, said Muller in a statement.

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