Just when everyone thought that Saab is dead, General Motors and some group come up with further talks and negotiations. Spyker just might give Saab its breath of life.

Saab was nearly declared dead by General Motors when talks with Koenigsegg fell square on its ass. Danish automaker – Spyker – then entered the picture.

However, Spyker’s financials had General Motors thinking hard about the viability of the deal. GM already wanted to end talks with Spyker last December 18 but Spyker seems insistent on buying the brand.

GM has given Spyker a bit of hope as GM handed Spyker a January 7 deadline to sort out financing options for it to buy Saab. Else, GM will continue shutting down the brand.

GM also received a number of bids from other groups but they lacked both the financial and industrial capability to be viable candidates.