Saab says it has narrowed potential buyers to two, final talks could start next week

So Hummer is going to China and Saturn allegedly has 16 interested buyers – but what about Saab? According to two top executives at the Swedish brand, GM has narrowed down talks with potential buyers of the brand to two.

“Now we are negotiating with just two parties,” Saab’s CEO, Jan-Ake Jonsson, said in an interview with Dagens Industri.

He said that final negotiations with either one of the two potential buyers could start as early as this week.

“This can go fast now and should absolutely be wrapped up in a maximum of two weeks,” said Jonsson.

So far, we have seen interest in Saab from Fiat, Koenigsegg and a U.S. financier, Ira Rennert and his Renco Group. Geely has denied reports of it bidding for the Swedish brand. How will win Saab at the end of this battle? Stay tuned to find out.

– By: The Daily Auto Editor

Source: Reuters