The official spokeswoman Gunilla Gustavs confirmed the news that circulated in the market about General Motors closing down manufacturing of Swedish car brand Saab from December 18.
She further said General Motors is welcoming offers from prospecting buyers still they are in no hurry to close the deal immediately. They can wait till something real matures.
Independent information confirmed that the automaker is refusing to comment on any deadline fixed for proposals. The possibility seems obvious that the date is, reportedly extended to January 7.
The various proposals in the pipeline include, selling Saab to an exotic car Dutch manufacturer Spyker Cars. The other serious sale proposal for the brand under discussion was pointing to a consortium in lead of Swedish sports car manufacturer Koenigsegg Automotive.
This does not seem to workout as no progress is visible.
Saab unit employed about 3500 workers worldwide with dealerships exceeding 1000.
The main plant is in Trollhattan, Sweden.
The above sale is part of the General Motor’s restructuring plan. They intend to cut down all unprofitable business. They are also closing down the production lines of Pontiac, Hammer, and Saturn cars.
General Motors will now be maintaining their most popular FOUR brand cars ————- Chevrolet, Cadillac, GMC and Buick.