‘Deadline for Saab sale may not be met’

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The CEO of Dutch luxury car maker Spyker has said General Motors may not be able to meet its December 31 deadline for the sale of the Swedish car maker Saab, according to media reports.


Victor Muller said on Tuesday that he has a feeling that the deadline cannot be met because of the complexity of the transaction, reports the Financieele Dagblad. This would be a ‘positive’ development for Spyker, he added.
Nevertheless Muller expects a decision to be announced within days rather than weeks, according to the FD.
Muller was quoted by the Swedish press earlier this month as saying that Spyker is ‘favourite’ to take over Saab.

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