Despite the flood of clumsy eulogies and “don’t worry about the Saab dealer, he owns a Porsche shop” stories making their way into the local media (usually a good sign of a sure thing), Saab may still have some kind of chance at survival (in some form). According to Spyker spokesfolks [via AFP],
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
Merbanco claims to have a new offer as well, as Saabsunited.com reports that they are working with a Swedish consortium that “does not wish to be identified unless they are successful in the bidding.” GM has not issued a statement about Saab today, perhaps because the release writers were too busy with the announcements of a new CFO and the Chevy Equinox’s victory in an “Urban Truck Of The Year” competition.
In any case, the Swedish government is preparing for the worst, announcing a $74m local job-creation fund for Trollhåtten. Which seems like a good indication that the Swedish government will not underwrite a far more costly renewal. Not that the glaringly obvious is letting Saab’s spokesfolks from doing their best Baghdad Bob impression. “We can still hope as to what the conclusion will be,” they tell AFP. Maybe it’s time to stop hoping.