Report Says Spyker CEO Expects Saab Decision This Week
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SEE ALSP: Surprise, Spyker Cars Bids on Saab - EXCLUSIVE VIDEO
STOCKHOLM December 28, 2009; Reuters treported that Spyker Cars' chief executive expects a decision in days on whether the company has been successful in a bid to buy Sweden's Saab Automobile from U.S. parent General Motors .
"We expect a decision from GM this week," Spyker CEO Victor Muller was quoted by daily Svenska Dagbladet as saying on Monday.
"Given that the deadline is December 31, I really expect they will be in contact soon."
Saab, one of Sweden's best-known brands, has been hoping an 11th-hour savior would turn up after parent GM said last month it would wind down the carmaker 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 automaker bought by tiny luxury sports car maker Koenigsegg.
Muller was coy on 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."
Editing for Reuters by Steve Orlofsky