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General Motors said it could decide next week to close its Saab Automobile unit after the Swedish company that planned to buy the brand backed out.

It was the third time in less than two months that a sale of a G.M. brand has been called off, reflecting the difficulty of selling underperforming divisions in the midst of a global sales slump.

G.M. said on Tuesday that its board planned to determine next week what to do with Saab. Closing the brand, as G.M. initially planned to do if it could not find a buyer, is a strong possibility, two people with direct knowledge of the company’s plans said. The people spoke on condition of anonymity because the board had not made its decision.


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SAAB's Fate Will Have To Wait Until Next Week For A Final Decision

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