IMPORTANT NEWS: National Electric Vehicle Sweden has agreed to buy the assets of Saab Automobile and the sale is expected to be finalized during the summer.

Wednesday, May 30, 2012

Muller in Sweden

Earlier today we reported that the deal to sell Saab to a Japanese-Chinese consortium with ties to Sweden was nearly done. Now information that Victor Muller is in Sweden strengthens the speculations that a deal is close.

Victor Muller is the largest shareholder of Spyker Cars, which up til Saab filed for bankruptcy in December of last year, was the parent company of Saab. In addition, Muller was also Chairman of Saab and he also acted as CEO for Saab from May to December last year.

"I'm going to Gothenburg, but I can not tell you what I am going to do in Sweden," Muller told TTELA from Frankfurt airport.

It is believed that Muller will meet the bankruptcy administrators at their offices in Gothenburg when the final details of the deal are being worked out.

Exciting days a head!