Spyker Cars CEO In A Meeting Today With GM

Posted on 21. Dec, 2009 by in 2000-2009

Victor Muller of Spyker Cars is in a meeting today with GM in Europe according to Sweden’s SVT. The meeting of course is to discuss the new revised 11-point offer letter sent by Spyker Cars to GM on Sunday.

The deadline that Spyker Cars have given to GM as part of the new offer, is 5pm EST, so here’s hoping a resolution is made and a sale is completed by the two parties prior to this deadline.

Spyker in a meeting with GM

December 21 2009, 14:44

Spyker are this afternoon in a meeting with GM about the new bid for Saab. This is confirmed by Spyker CEO Victor Muller to SvD.se. He is optimistic.
- If I didn’t think there was a chance, I wouldn’t be meeting with them, he says.

The interest surrounding Saab is building up steam again after Spyker submitted a new bid on Sunday. So far, comments from GM have been cautious, but Spyker CEO Victo Muller now confirms that talks are being held.

- We are in discussions with GM, he says.

Are they negotiations?

- They are discussions.

What reactions have you gotten from GM so far?

- So far we’ve only communicated in writing, but I’m actually going in to a meeting with them right now.

Where is the meeting?

- In Europe.

How do you assess the situation, is there a chance that your bid will be accepted?

- Yes, if I didn’t think there was a chance, there would be no point in meeting them.

Your deadline at 2300 hours tonight. What answers do you want from GM before then?

- That is so many hours away. It’s too early to say. If anything changes, we’ll issue a press release.

Can you clarify what has changed in your ownership?

- No. I can’t. I’ve seen all sorts of speculations about that, but I don’t care to comment.

SvD today wrote that the Russian interests behind Spyker are no longer part of the bid.

Is it a consortium that is behind your bid, or how would you describe it?

- I wouldn’t describe it, and now I’m going in to my meeting. Good day.

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