Saab

“We Can Still Find Buyer for Whole Firm”

Saab can still find a buyer for the whole firm, a spokesperson for the ailing Sweden auto brand said on Sunday after The Wall Street Journal reported Chinese state car manufacturer BAIC had agreed with General Motors to buy some of the Swedish company's assets.

Saab has been hoping an 11th-hour savior would turn up after parent GM said in November it would wind down the firm if a buyer did not appear before the end of this month.

Saab spokesman Eric Geers told news agency Reuters he was confident that a buyer for Saab Automobile would be found. Geers rejected to comment on anything about the ongoing sales process.

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