General Motors Gives Up On Selling Saab

by Rina Miller, Michigan Radio

General Motors Vice President John Smith says GM will wind down operations at Saab and there will be no more attempts to sell the unit after talks with possible buyers failed. He did not explain what problems arose during discussions with Spyker Cars of the Netherlands that made the sale impossible. Negotiations with Swedish carmaker Koenigsegg collapsed in November.

Broadcast Dates

• All Things Considered, December 18, 2009