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New Bids Offer Glimmer of Hope for Saab

Posted Dec 20th 2009 2:40PM by Trey Thoelcke (RSS feed)
Filed under: Competitive Strategy, General Motors (GM)

The end has come for General Motors's Saab unit, with its 3,400 employees and 1,100 dealers. Or has it?

The Wall Street Journal (subscription required) reports that Dutch auto maker Spyker Cars offered a new takeover proposal for Saab. Spyker said Sunday that it hopes the new plan will deal with the obstacles that caused talks to collapse Friday, after which GM announced that it would shutter its Swedish brand.

Continue reading New Bids Offer Glimmer of Hope for Saab

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