Swedish carmaker Saab faced further uncertainty when a deal with China's Hawtai Motor Group collapsed, leaving owner Spyker (SPYKR.AS) chasing alternatives. Spyker said it was continuing talks with Hawtai and others, while a spokesman for Vladimir Antonov, a Russian businessman and former Spyker shareholder, said he was still interested in investing in the troubled Swedish marque. Hawtai and Dutch-listed Spyker agreed a deal last week to pump 150 million euros ($216 million) into the loss-making marque and produce a new model in China. But this was spoiled by a failure to get necessary approvals. The Hawtai deal came only a year after tiny supercar maker Spyker (SPYKR.AS) bailed out the General Motors (GM.N) unit. GM retains an interest through redeemable preference shares.
General Motors Company (GM) is a global automotive company. Shares of GM remained unchanged at $31.3. In the past year, the shares have traded as low as $29.17 and as high as $39.48. On average, 16154900 shares of GM exchange hands on a given day and today's volume is recorded at 0.
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