Dutch sports car maker Spyker eyes Saab

3rd December 2009, Comments 0 comments

Converse Group, the main shareholder of Spyker, is having discussions with General Motors on the possibility of buying Saab.

The Hague – Dutch sports car maker Spyker announced Wednesday it was in talks with General Motors on the possibility of buying Swedish auto maker Saab from the US company.

"All I can say is that we and our main shareholder, Converse Group, are interested in Saab and there are talks at the moment," Spyker spokesman Niels Molewijk told AFP by telephone.

"We are having discussions on this topic with Saab and also with GM since they are the ones selling," he said.

Converse Group holds 30 percent of the capital of Spyker, which is listed on the Amsterdam stock exchange.

GM announced Tuesday that it had received interest from buyers and would decide the fate of its Swedish unit, which employs 3,400 people, by the end of December.

The US auto giant warned that it may end the Saab nameplate if it fails to find a suitable buyer.

Swedish luxury carmaker Koenigsegg and a Chinese partner gave up their joint bid for Saab last month, citing costly delays in the transaction.

AFP / Expatica

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