Auto News 5

Last-ditch negotiations to save Saab Automobile continued over the weekend after General Motors on Friday said talks with Spyker had ended and that the brand would be wound down. Spyker said on Sunday it had submitted a renewed offer with a deadline of 5pm EST (10pm GMT) today (21 December) "in the hopes of securing a future for Saab, its employees and the brand - despite the announcement that the winding down of Saab would begin". Full story...