Home News GM Statement Regarding Saab Negotiations
GM Statement Regarding Saab Negotiations
Tuesday, 01 December 2009 15:13

DETROIT – The GM Board of Directors has received expressions of interest in Saab since the conclusion of negotiations with Koenigsegg Group AB. The Board will evaluate potential bids between now and the end of December. At that time, we will determine whether a suitable arrangement for Saab exists. If not, we will begin an orderly wind down of the global Saab business at that time.

Due to non-disclosure agreements, we will not confirm or comment on any potential transactions or other matters unless, and until, we determine that disclosure is appropriate.

Tom Wilkinson
Tel:  313-667-0366
Mobile:  313-378-6233
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Eric Geers
Saab Communications
Tel:  +46 520 85110
Mobile:  +46 703 205490
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