NEW YORK — Spyker Cars, a niche automaker based in the Netherlands, is giving General Motors Co. more time to consider selling it the Saab brand, keeping the fate of the Swedish automaker up in the air.
Spyker had given GM until 5 p.m. EST Monday to consider its latest offer, but Spyker said it has extended that deadline until further notice. Spyker submitted its latest offer Sunday, just days after talks with GM to buy Saab collapsed over unspecified issues.
Earlier this year, GM had been in negotiations with a consortium of buyers led by Koenigsegg Automotive AB, but the Swedish sports-car maker dropped out of the deal in November.
Spyker manufactures a small number of exotic sports cars that fetch $200,000 or more. Last year, the company produced 43 vehicles and lost $35.5 million.
GM says it has inquiries from “several parties.” The Associated Press
