Several new bidders and investors are looking at the Swedish carmaker for a potential takeover.

On Monday evening Swedish State Secretary Jöran Hägglund of the Ministry of Enterprise is to meet with Saab’s parent General Motors in Detroit ahead of GM's board of directors meeting where the future of the legendary Swedish brand will be decided.

Meanwhile management and employees at Saab's factory in Trollhättan, a town of 55,000 in southwestern Sweden, is holding their breath. The carmaker is at risk of being shut down and a statement will be made public Tuesday.

After luxury carmaker Koenigsegg last week abandoned its bid to buy Saab media has warned that Saab is close to bankruptcy and that it was unlikely a new buyer would turn up.

However, in the wake of the failed Koenigsegg acquisition a number of new bidders are starting to raise their hands.

"We've had intense dialogue with potential buyers," Eric Geers, a Saab spokesman, told the Dow Jones Newswire.

U.S. investment firms Wyoming-based Merbanco LLC and Renco Group in New York have had talks with Saab, according to several people familiar with the matter. At least one of the two investments firms is open to support Beijing Automotive Industry Holding Co, a Chinese company that had planned to partner with Koenigsegg.

"We are interested, definitely," Chris Johnston, chief executive of Merbanco, said. "It's a great brand and a terrific company. It's got great management."

Saab’s CEO Jan-Åke Jonsson is preparing a presentation for the GM board of directors to be presented Monday. And Beijing Auto obviously has something under its sleeve.

“Stay tuned,” Beijing Auto President Wang Dazong told reporters Monday, when asked whether the company would bid alone for Saab or as part of a group, Bloomberg wrote, adding that the Beijing Auto will “move fast”.

Sweden’s Prime Minister Fredrik Reinfeldt has ruled out bailing out Saab with a $717 million rescue loan if GM fails to find a buyer.

"If you try to support fundamentally non-competitive businesses, you will spend a lot of tax money and still see the jobs disappear," he said.