Report: Three New Bidders For GM’s Saab Brand

A report has found its way online, and it states that there are three serious buyers for the Saab brand. The buyers are, Fiat, Geely – the Chinese automaker which copies the Rolls-Royce and an undisclosed German bank.

The Geely bid was apparently pre-rejected by Fritz Henderson, as he was not interested in Chinese competition.

Sources said that the Chinese bid will not happen as Henderson is afraid of competition. Geely said that they did not want to bid on Saab, but their representatives were caught near the Saab headquarters, in Sweden.

[s:leftlanenews]