GM Statement Regarding Saab Negotiations

    


    
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<p><location>DETROIT</location>, <chron>Dec. 1</chron> /CNW/ -- The GM Board of Directors has received expressions of interest in Saab since the conclusion of negotiations with Koenigsegg Group AB.  The Board will evaluate potential bids between now and the end of December.  At that time, we will determine whether a suitable arrangement for Saab exists.  If not, we will begin an orderly wind down of the global Saab business at that time.</p>
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<p>Due to non-disclosure agreements, we will not confirm or comment on any potential transactions or other matters unless, and until, we determine that disclosure is appropriate.</p>
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For further information: Tom Wilkinson, GM Communications, [phone] (mobile), [phone] (office), [email protected]; Eric Geers, Saab Communications, [phone] (mobile), [phone] (office), [email protected]