• The Swedish automaker has another lease on life. After GM announced that the company would be closed last week after talks with potential suitor Spyker fell through, Spyker said “not so fast” and submitted another deal. “Despite our collective 11th-hour set-back, we are returning to the table with a renewed offer,” said Spyker Chief Executive Victor Muller. Saab’s 3,400 employees must be pleased that they’re being taken on such a comfortable merry-go-round. source

Posted by Ernie Smith • Permalink