Spyker submits a new Saab offer to General Motors (BBC)

[eppur_se_muova]

Dutch luxury car maker Spyker has submitted a new offer to General Motors (GM) for its Swedish car brand Saab.

GM said this week that it would close Saab after talks with Spyker had collapsed.

Spyker has submitted a new 11-point proposal to GM, addressing the issues that ended talks.

Spyker chief Victor R. Muller said he was "very confident" that the new offer would make GM resume negotiations and lead to a sale.

"We have made every effort to resolve the issues that were preventing the conclusion of this matter and we have asked GM and all other involved parties to seriously consider this offer," Mr Muller said.
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more: http://news.bbc.co.uk/2/hi/business/8423363.stm

[TreasonousBastard]

1. Spyker is a Russian company, owned by a...

Russian oligarch and with a Russian manager in Holland.

Not that I have anything against Russians, but hardly anyone who has done business with them recently has anything good to say about the deals. One of GMs major problems was priviledged corporate information going along with the deal-- they have little concern for privacy, intellectual property rights, or just honoring contracts. Even if the oligarchs want to honor the deals, the Russian government might think otherwise and remind them of those dead oligarchs.

Not getting paid is another concern.

(Eventually, Putin will fade from the scene and Russia will stand a chance of being run like a country, not the KGB.)