Sweden says GM still hopes to find buyer for Saab

ERJ staff report (AN)

Stockholm (Reuters) — A Swedish government official said today that General Motors Co. appeared to still have hopes of being able to sell its Saab unit after the wheels came off of a planned divestment this week.

“I talked to GM last night and my impression is that they have not given up hope,” Joran Hagglund, state secretary at Sweden’s Industry Ministry, told reporters.

Sweden on Tuesday effectively ruled out a state bailout of money-losing Saab after tiny luxury car firm Koenigsegg pulled out…

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