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Spyker Extends its Offer for Saab "Until Further Notice"

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Over the weekend Spyker submitted a new proposal that addressed 11 of the issues that made the earlier discussions fail, ultimately leading to GM’s announcement to kill Saab. It’s new proposal had an expiration date of today at 5 pm ET, but Spyker has released a short press release stating that the offer has been extended until further notice.

GM has been in discussions with Spyker, but no details have been released.

Saab lovers there might still be hope…

Related Stories:
Saab May Not Be Dead Yet, Spyker Submits a New 11th-hour Proposal

PRESS RELEASE:

SPYKER CARS EXTENDS ITS OFFER FOR SAAB.

ZEEWOLDE, The Netherlands (21 December, 2009) – Spyker has been in contact with GM today, and continues to develop its proposal for the purchase of Saab. Spyker has extended the validity of its proposal therefore until further notice.