Saab has just made another step towards its full closure after General Motors named Stephen Taylor and Peter Torngren as wind-down supervisors of Saab, thus replacing both CEO Jan Ake Jonsson and the company's entire board. Additionally, General Motors also emphasized in a statement that it is willing to listen to any offers for Saab, although it has already started the winding down process.
"As stated previously, the wind-down process is expected to take several months, and will ensure that employees, dealers and suppliers are adequately protected. Also as stated previously, Saab customers can be assured that warranties will continue to be honored and that service and spare parts will continue to be available," GM said in a statement.
"GM today also reaffirmed that it is continuing to evaluate the several purchase proposals it has received for Saab, an evaluation not affected by today’s official appointment."
At the same time, GM is putting pressure on the bidders' shoulders, emphasizing that the interested parties must sweeten their offers if they really want to secure a deal for Saab.
"We're closing down Saab," GM Chairman and acting CEO Ed Whitacre was quoted as saying by Reuters. "The offers we've received so far in terms of risk and financing up-front have been just as good as winding it down," GM Vice Chairman Bob Lutz added.
On the other hand, Saab spokeswoman Gunilla Gustavs said that General Motors might after all reach an agreement and sell Saab entirely, but refused to mention the name of the bidder that has the biggest changes to snatch Saab.
“There is still the possibility that the negotiations on the bids will result in a decision to sell Saab in its entirety," she said.
"As stated previously, the wind-down process is expected to take several months, and will ensure that employees, dealers and suppliers are adequately protected. Also as stated previously, Saab customers can be assured that warranties will continue to be honored and that service and spare parts will continue to be available," GM said in a statement.
"GM today also reaffirmed that it is continuing to evaluate the several purchase proposals it has received for Saab, an evaluation not affected by today’s official appointment."
At the same time, GM is putting pressure on the bidders' shoulders, emphasizing that the interested parties must sweeten their offers if they really want to secure a deal for Saab.
"We're closing down Saab," GM Chairman and acting CEO Ed Whitacre was quoted as saying by Reuters. "The offers we've received so far in terms of risk and financing up-front have been just as good as winding it down," GM Vice Chairman Bob Lutz added.
On the other hand, Saab spokeswoman Gunilla Gustavs said that General Motors might after all reach an agreement and sell Saab entirely, but refused to mention the name of the bidder that has the biggest changes to snatch Saab.
“There is still the possibility that the negotiations on the bids will result in a decision to sell Saab in its entirety," she said.