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Potential buyers still circling Saab

• Sweden's Saab reaches end of the road
• Volvo plans more 'aggressive' marketing

The Irish times says that a number of potential buyers have shown interest in parts or all of bankrupt Saab and there is a chance a deal can be made which allows some operations to continue, the company’s receivers said last week.

“The contacts made so far have been positive and provide real hope that there may be alternatives, and even combinations of solutions that could result in some continued activity and a suitable development of the bankruptcy estate,” Saab’s court-appointed receivers, Hans Bergqvist and Anne-Marie Pouteaux, said in a statement.

Car Advice said the same day that investors from India and Turkey have emerged as the latest potential saviours of the bankrupt Swedish car maker.

 

Saab’s last rescue plan, involving China’s Zhejiang Youngman Lotus Automobile, was recently rejected by former owner General Motors.

Last Updated (Wednesday, 04 January 2012 08:26)

 

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