DETROIT — General Motors Co. says a Swedish specialty car maker has ended plans to buy GM's Saab brand.
CEO Fritz Henderson says the Detroit automaker is disappointed in the decision by Koenigsegg Group AB and will take the next several days to figure out what to do.
The decision casts serious doubt on the future of Saab, which GM wanted to sell or close this year.
Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. Comments that violate these standards, or our privacy statement or visitor's agreement, are subject to being removed and commenters are subject to being banned. To post comments, you must be a registered user on toledoblade.com. To find out more, please visit the FAQ.