Lutz though denied reports in the media at the weekend that GM would be shifting work on the new 9-5 model to China where it would reappear under the badge of one of its main brands in Buick.
He did say though that it was possible that the long awaited 9-5, which is being developed in Sweden, may never see the light of day. GM began the process of winding down its loss making Swedish brand last Friday when the unit was put into liquidation despite last-ditch bids by Formula One boss Bernie Ecclestone and Dutch sportscar maker Spyker among others.
GM has received several proposals for Saab and would continue evaluating the proposals. This evaluation would not affected by the appointment of a liquidator.