GM Says No Deal With Spyker for Saab Yet

By Michelle Krebs January 25, 2010

General Motors Chairman and CEO Ed Whitacre said at a Monday morning press conference that Saab logo - 98.JPGthe automaker has no announcement regarding Saab despite media reports swirling around the globe that a deal to sell the Swedish automaker to Spyker is imminent.

"As of today, we have not changed our direction on the wind-down (of Saab)," Whitacre told reporters in Detroit. "There have been advanced talks but we do not have a deal to announce this morning. If and when that changes, we'll let you know. And that's my only comment on that issue."

 

 

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