Sweden to Meet GM, Ford Next Week

Saab's future is still uncertain but Swedish officials are looking into ways to put things straight so they will travel to Detroit next week to meet GM officials and discuss the matter. Furthermore, representatives from Sweden's finance and industry ministries will also hold a meeting with Ford officials, with Volvo's takeover by Chinese company Geely to represent the main subject of the agenda.

Still, everybody's curious to find out what is going to happen with Saab, as General Motors still intends to wind down the business in case it doesn't manage to secure a deal with the interested parties.

"As we understand it, GM has not closed the door to a sale (of Saab), even if the official line is a wind-down," state secretary Joran Hagglund said according to Reuters. "We want to make totally sure they (GM) have all the information they need."

All we know is that Spyker is the only serious bidder to take control of Saab but a final decision on the matter is yet to be made. General Motors is expected to make an announcement tomorrow and Spyker's CEO is very confident that he'll manage to secure a deal before this deadline.

"We have gotten time for a final offer. Nothing has been rejected," Mullen told Reuters. He was backed by Paul Akerlund, Saab union representative, who said that GM had given those interested time until Thursday to make their final offers. "GM hasn't closed any doors," Akerlund said.

A final decision on Saab is expected in less than 24 hours so keep an eye on our news section to find out the verdict.