Report reveals serious bidders for Saab, though GM and Saab won't confirm
12 May 2009

A report in a Swedish newspaper has revealed the three main bidders seeking to buy Saab from GM as Fiat, Geely and an unnamed German bank.

The Goteborgs Tidning newspaper also suggested that GM boss Fritz Henderson has already dismissed Chinese car maker Geely’s bid for Saab for fear of Chinese-market competition for the luxury Buick brand.

Neither Saab nor GM will officially confirm the list of bidders. Geely has officially denied any plans to bid for Saab, although representatives of Geely have reportedly visited Saab’s Trollhattan headquarters.

Matt Rigby

Add your comment

Log in or register to post comments

Find an Autocar car review

Driven this week

  • Skoda-Karoq 2.0 TDI 4x4
    First Drive
    16 October 2017
    Diesel version of Skoda’s junior SUV is unobtrusive and undemanding, but we’d still go for the silkier petrol version of the Karoq
  • Audi Q7 e-tron
    First Drive
    16 October 2017
    Expensive and flawed but this understated diesel-electric Audi Q7 has a lot to offer
  • Citroën C3
    First Drive
    16 October 2017
    Is the third gen Citroën C3 ‘fresh and different’ enough to take on its supermini rivals? We spend six months with one to find out
  • BMW X3
    First Drive
    15 October 2017
    A satisfying rework of the X3 that usefully improves its handling, cabin finish, space and connectivity to make this BMW a class front-runner again
  • Vauxhall Insignia Country Tourer
    First Drive
    13 October 2017
    Off-road estate is now bigger, more spacious and available with torque-vectoring all-wheel drive, but is it enough to make its German rivals anxious?