Saab offer deadline extended
NEW YORK — Dutch company Spyker Cars is giving General Motors more time to consider selling it the Saab brand, keeping the fate of the Swedish automaker up in the air.
Spyker had previously given GM until 5 p.m. today to consider its latest offer, but Spyker said it has extended that deadline "until further notice."
Spyker submitted its latest offer on Sunday, just days after talks with GM to buy Saab collapsed over unspecified issues. The new offer from Spyker sought to address the issues that caused the talks to break down last week.
The Detroit automaker said Sunday it had received inquiries from "several parties" after its announcement it would close Saab. The company said it will evaluate each. A GM spokesman declined to comment further today.
Saab employs about 3,400 people worldwide, most of whom work at its main plant in Trollhattan, Sweden. The brand also has some 1,100 dealers.
Swedish government officials are holding emergency meetings today with unions and local authorities to prepare for the closure the Trollhattan plant.
