GM forced to reopen talks for Saab

General Motors has had "close dialogue and close contact" with several parties interested in buying Saab, according to a company spokesman. GM's proposed sale of Saab to Koenigsegg collapsed last week and Beijing Automotive (BAIC) and Wyoming-based merchant bank Merbanco are believed to be among the parties interested.

"We can confirm that we have heard from different investors," a GM spokesman told Automotive News, without revealing any of the interested parties. "We have had a close dialogue and close contact with several who have expressed interest in buying Saab Automobile.

"It is not so surprising, given that there were 27 parties who were interested when Saab was first up for sale and 10 who came and looked the company over in April and May."