Spyker chief expects Saab decision soon
Source: Agencies |
December 30, 2009, Wednesday
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Print Edition
Print Edition
THE chief executive of Spyker Cars expects a decision in days on whether the company has been successful in a bid to buy Sweden's Saab Automobile from United States parent General Motors.
"We expect a decision from GM this week," Spyker CEO Victor Muller told daily newspaper Svenska Dagbladet. "Given that the deadline is December 31, I really expect they will be in contact soon."
Saab has been hoping for an 11th-hour savior after GM said last month it would wind down the car maker if a buyer did not appear before the end of December.
Russia-backed Spyker - which made 43 luxury cars last year against Saab's sales of 93,295 - launched a second offer to buy Saab from GM just before Christmas - two days after its first offer was rejected.
Spyker's interest in Saab followed the collapse in November of a deal which would have seen the loss-making Swedish auto maker bought by tiny luxury sports car maker Koenigsegg.
Muller was optimistic about whether Spyker's new offer for Saab would be successful.
"I am very hopeful, I have been from the start," he said. "We have done all we possibly can."
"We expect a decision from GM this week," Spyker CEO Victor Muller told daily newspaper Svenska Dagbladet. "Given that the deadline is December 31, I really expect they will be in contact soon."
Saab has been hoping for an 11th-hour savior after GM said last month it would wind down the car maker if a buyer did not appear before the end of December.
Russia-backed Spyker - which made 43 luxury cars last year against Saab's sales of 93,295 - launched a second offer to buy Saab from GM just before Christmas - two days after its first offer was rejected.
Spyker's interest in Saab followed the collapse in November of a deal which would have seen the loss-making Swedish auto maker bought by tiny luxury sports car maker Koenigsegg.
Muller was optimistic about whether Spyker's new offer for Saab would be successful.
"I am very hopeful, I have been from the start," he said. "We have done all we possibly can."
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