If the original December 31 deadline for negotiations holds through, Saab will be officially consigned to history come midnight. But it won’t, as General Motors has extended the deadline for a final offer from Spyker Cars until January 7, Spyker Cars CEO Victor Muller said in a text message. Reuters also reported Muller saying that he beleived there are multiple bidders for Saab.

Meanwhile, in a suprising move Saab will restart some production lines again in January for the new 9-5 and 9-3 Cabriolet. “We have the orders and we have to deliver them as usual. The factory has to continue again,” Saab spokesman Eric Geers said. “We are preparing the wind-down process. At the same time we are open to options, to bids that come in. Therefore the deadline has also been dropped,” he added.

Spyker, an exclusive sportscar maker backed by Russian and Arab money, is keen to buy Saab for its technical resources and distribution network. The loss-making company made an improved bid for Saab on Dec 20, two days after initial talks with GM collapsed. The saga continues…