General Motors is still progressing with its plans to wind Saab down, GM CEO Ed Whitacre has confirmed. Speaking at a news conference to announce him as GM's permanent CEO, Whitacre said talks with Spyker were progressing but there was nothing to report at the moment.
"We have not changed our direction on the wind-down of Saab's operations," he said. "There have been advanced talks with Spyker but we have no deal to announce. If and when we do, we will let you know and that's my only comment on the issue."
Talking about his appointment as permanent CEO, Whitacre said: "I don't think going permanent will change much going forward, I am just trying to do the right thing for this company and its people. What this place needs now is stability."