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Investment opportunities

Tips from an insider: Five innovative tech startups

Tips from an insider: Stockholm tech start-ups

5 hot life science firms in Stockholm

Stockholm's top five infrastructure projects

Four Stockholm-based ICT firms to watch

Stockholm pioneers life science research

ICT startups offer investment opportunity

Swedish companies ready for exit

Five med-tech investment opportunities

Six cleantech investment opportunities

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Rankings and surveys

Sweden tops English-language skills ranking

Sweden ranked world's best country to grow old

Swedish passport world's best for travellers

Sweden second best country for mothers

Stockholm climbs in competitiveness rankings

Sweden among best countries to be born

Fortune: 'Stockholm top place for startups'

Sweden tops first global Web Index

Sweden world's second most innovative country

Stockholm world's 6th 'best city'

'Cool Stockholm' most competitive Nordic capital

Sweden has (second) best reputation in the world

Sweden among top in Internet download speed

Sweden scores highest in 'Rule of law index'

Stockholm world's No1 in intellectual capital

Sweden the world's most ICT-competitive country

Sweden great place for moms – but Norway better

Swedes place 4th in English skills ranking

Sweden among top ICT countries

Sweden’s 10 greenest brands

‘Sweden needs to sell itself more’

Sweden overtakes the US in competitiveness

Sweden 10th ‘most admired country globally’

Sweden climbs in 'doing business' ranking

Sweden among world's least corrupt nations

Sweden's mortality rates world's second lowest

Sweden a good place to die – but Britain is best

Children in Sweden have best lives

Sweden the most competitive EU nation

Safe to do business with Swedes

How Sweden became an innovation frontrunner

Nordic countries world's most food-secure

Sweden the world’s best country – politically

Swedish firms among world's top brands

Swedish brands climb in global ranking

Sweden tops government ranking - while US lags 

'Swedish model' outranks 'American dream'  

Sweden among world's least corrupt nations

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Saab enthusiasts urging GM to reach a deal

As General Motors Co. continues to simultaneously wind down Saab and negotiate with bidders about a sale, Saab enthusiasts are urging GM to reach a deal to sell Saab.

Related news:
Saab enthusiasts gather in Detroit to protest
GM extends deadline for Saab sell-off

Saab enthusiasts are turning up the heat on GM to finalize a deal for the sale of the 72-year-old brand, including a Web site set up by Steven Wade, who also operates the Saab news and enthusiast Web site, www.saabsunited.com. The new Web site, www.iwontbuyfromgm.com, features postings from angry Saab owners.

"Saabs have been my cars of choice since 1966. If GM shuts down Saab instead of selling it in good faith to an interested buyer, I will never even consider buying a Cadillac, Corvette or Buick or anything else that GM promotes," wrote Don Young of Atherton, Calif., on the Web site. "The press often describes Saab owners as passionate and devoted to the marque. The press ain't seen nothing yet!"

GM had set a deadline of 31 Dec to identify a buyer or commence a shutdown of Saab. But Paul Åkerlund, a board member at the Swedish carmaker, told Bloomberg News that GM was prepared to wait beyond the end of this week before deciding on the future of the Saab brand.

Negotiations to sell Saab to Spyker Cars NV collapsed Dec. 18, and Spyker CEO Victor Muller blamed the failed deal partly on the "strict deadline" for an agreement by Dec. 31. The Dutch carmaker submitted a new offer on Dec. 20.

"It's our understanding that if there's a bid that GM finds sufficiently interesting, then the 31st of December is not a date that's holy," Mr. Åkerlund said in a phone interview with Bloomberg.

GM's position hasn't changed since its Dec. 18 statement, Chris Preuss, a company spokesman in Detroit, said. "We are winding down Saab and talking with interested parties as part of that process. We will not comment further," he said in an e-mail to Bloomberg.

GM decided to abandon Saab, Saturn, Hummer and Pontiac when it exited bankruptcy to focus on Chevrolet, Buick, GMC and Cadillac.

Talks with GM reportedly are focusing on Merbanco Inc., a Wyoming-based group, and Netherlands-based Spyker.

Swedish sports-car maker Koenigsegg Group AB walked away from a deal for Saab last month.

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To see more of the Pittsburgh Post-Gazette, or to subscribe to the newspaper, go to http://www.post-gazette.com. Copyright (c) 2009, Pittsburgh Post-Gazette. Distributed by McClatchy-Tribune Information Services.

Last Updated (Sunday, 03 January 2010 19:08)


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