As seen on:

SMH Logo News Logo

Call 1300 303 181

Australia’s Best New Car News, Reviews and Buying Advice

11th Hour Saviours Flood In For Saab

Four consortia have made last ditch bids for Saab after General Motors announced its intention to shut down the Swedish car company.

Amongst those involved in trying to save Saab is Bernie Ecclestone, the Formula 1 guru who said that Saab is ‘ a good brand that has probably been neglected by its current owners”. It has not been revealed how much he is personally offering for the purchase.

Spyker Cars have also submitted a modified bid to GM who have said that all four bids will be considered and an announcement regarding the future of Saab will be made next Thursday.