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Spyker Poised To Be Favored Bidder For Saab

December 11, 2009

A small development in the ongoing saga of Saab could mean big things for hopeful bidder Spyker. GM has apparently stipulated that bidders for Saab should be interested in keeping production in Sweden. BAIC -- previously thought to have dibs on the brand -- hasn't been especially forthcoming on its production plans (though it's secured a $2.93 billion line of credit for something). Spyker, on the other hand, seems to be a good match for such a prerequisite -- a near-perfect one, in fact, as it's based in Holland, less than 500 miles from Sweden. We'll see if Spyker can wring the devil out of the details before GM's self-imposed kill date for Saab of December 31. [Autoblog]

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