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GM hires liquidator for Saab
Wednesday, April 29th 2026

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GM hires liquidator for Saab

A sign reading "Save Saab" sits on the windshield of a Saab car during a demonstration to influence General Motors Co. not to close the Swedish brand, outside of GM headquarters in Detroit, Michigan, U.S., on Tuesday, Jan. 5, 2010. GM will extend the deadline for talks on its Saab unit until Jan. 7, giving Spyker Cars NV more time to come up with financing to buy the Swedish brand, a GM official said last week. Photographer: Jeff Kowalsky/Bloomberg
A sign reading “Save Saab” sits on the windshield of a Saab car during a demonstration to influence General Motors Co. not to close the Swedish brand, outside of GM headquarters in Detroit, Michigan, U.S., on Tuesday, Jan. 5, 2010. GM will extend the deadline for talks on its Saab unit until Jan. 7, giving Spyker Cars NV more time to come up with financing to buy the Swedish brand, a GM official said last week. Photographer: Jeff Kowalsky/Bloomberg
By | newsroom@denverpost.com | The Denver Post
PUBLISHED: | UPDATED:
Getting your player ready...

DETROIT — General Motors is moving ahead with plans to close its Swedish Saab brand, chief executive Ed Whitacre said Monday. While GM for days had signaled that a deal to save Saab was unlikely, potential bidders and the Swedish government hoped the automaker would reconsider offers submitted late last week. GM on Friday hired an outside firm to liquidate the brand. Dow Jones Newswires

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