General Motors Co [GM.UL] is pressing ahead with plans to shut down Saab as chances of a deal to sell the Swedish brand to Dutch sports car builder Spyker Cars (SPYKR.AS) remain remote, a person familiar

Spyker C12 Zagato

Spyker C12 Zagato

with the planning said on Thursday.

GM has not changed the plans it announced Friday to begin winding down Saab’s operations in January and it has started discussions with other interested parties as part of that process, the person said.

Spyker Chief Executive Victor Muller told Reuters on Thursday that his company was still in talks with the U.S. automaker about an acquisition of Saab. He said earlier this week that a final outcome would not happen until next week.

“We are still in discussions,” Muller told Reuters in a text message. More >