The union criticised GM for taking such a step at the same time that it had confirmed having received several bids for the iconic Swedish brand.
AFP: “Today, Saab Automobile’s board has decided on the liquidation of the company,” said Stefan Loefven, the head of the IF Metall union which has a representative on Saab’s board. “It is irresponsible of GM as an owner to go in two directions, both pursuing the sale [of Saab] and the winding up,” Loefven added.
Dutch supercar maker Spyker Cars NV expressed interest in early December in purchasing Saab and maintaining the brand. Bernie Ecclestone, the Formula One tycoon and a Luxembourg investment firm, have said they presented GM with last-ditch bids to rescue Saab.
But Saab, which was put up for sale a year ago by its current owner GM, has struggled to find a buyer.
GM’s chief executive, Ed Whitacre, said: “It’s real easy. Just show up with the money and you can have it [Saab], but nobody’s showing up with the money. I think we’ve done everything humanly possible.”
According to the Times, Alix Partners, a consultancy firm, has been appointed by GM to supervise the winding up of the ailing Swedish carmaker.