Report says Spyker Cars has asked GM to reconsider its bid for Saab brand

(December 19, 2009) Automotive News, an automotive trade paper, reported on Sunday that Spyker Cars has submitted a new offer to General Motors for purchase of the Saab brand. GM said last week that Saab would be terminated, a new deal would take too much time.

Spyker CEO Victor Muller said an 11-point proposal had been handed to GM addressing each of the issues that arose during due diligence after the Dutch company originally bid for Saab.

Muller said the new offer would remove the obstacles that were standing in the way of a swift sale of Saab to Spyker.

"We have made every effort to resolve the issues that were preventing the conclusion of this matter and we have asked GM and all other involved parties to seriously consider this offer," Muller said in a statement.

Spyker is a small sports car builder.