GM nears deal to sell Saab

FILE - In this June 16, 2009 file photo, Saab automobiles are seen in the showroom of Herb Chambers Saab of Boston. General Motors Co. said Wednesday, Dec. 30, 2009, it is pressing ahead with plans to shut down Saab, though it will continue to hear bids for the Swedish car brand.(AP Photo/Eric J. Shelton, file)

January 26, 2010 7:19:58 AM PST
Negotiators for General Motors Co. are close to striking a deal to sell the Swedish Saab brand to Dutch luxury automaker Spyker Cars, according to a person briefed on the talks.