GM To Shutter Saab As Final Deal Falls Through
On Friday, GM said “certain issues arose” during its due diligence process with Saab’s Spyker Cars, which expressed interest in buying the brand after Koenigsegg Group AB abruptly backed out of its planned takeover of Saab. Unfortunately, GM said, neither company believes the issues can be resolved.
“We regret that we were not able to complete this transaction...
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