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Swedish news agency TT has pointed to Spyker Cars NV as the favorite in the running to purchase Swedish auto brand Saab. General Motors Co. is reportedly leaning towards a buyer that has experience in car production on a small scale, which it believes is referring to Spyker.

Swedish daily Svenska Dagbladet said that Joran Hagglund, the state secretary at Sweden’s Enterprise Ministry, has informed GM it needs to decide this week whether to sell the loss-making business. A Spyker spokesman said that it remains interested and that it isn’t aware of any deadline on the process.

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Report: Spyker favored in Saab sale

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