GM Extends Deadline for Saab Bidders, 2010 9-5 Sedan Production to Restart

General Motors has dropped a December 31 deadline for Saab bids and will soon restart production of certain models to the pleasure of the Swedish brand’s employees, dealers, interested buyers and of course, the automaker’s fans. However, this doesn’t mean that GM will not be closing down the brand if it doesn’t find a suitable buyer.
“We are preparing the wind-down process. At the same time we are open to options, to bids that come in. Therefore the deadline has also been dropped,” said Saab spokesman Eric Geers.