Whitacre: No deal on Saab, and that’s all I got to say about that

As confirmed by Spyker earlier this morning, GM CEO Edward Whitacre confirmed during a press conference that there has been no deal on the sale of Saab.

“As of today we have not changed our direction of winding down the operations (of Saab),” Whitacre said. “Obviously there have been advanced talks with Spyker Cars to acquire Saab – however, we do not have a deal to announce this morning. If and when that changes, we’ll let you know and that’s going to be my only comment this morning on that issue.”

Spyker said earlier today that “talks are ongoing, the outcome of which is still uncertain.” It said that talks must end soon since Saab is currently in liquidation.

– By: Stephen Calogera