GM to weigh options after Saab deal fails - source

The new Saab 95 is pictured at the Frankfurt International Auto Show IAA in Frankfurt September 15, 2009.

DETROIT (Reuters) - The board of General Motors Co GM.UL will meet next Tuesday to consider the fate of Saab after a deal to sell the Swedish brand to luxury car firm Koenigsegg collapsed, a person familiar with direct knowledge of the matter said on Tuesday.

GM has not been in active discussions with any other bidders for Saab and the decision by Koenigsegg to end the deal means that a wind-down of the Swedish brand is now likely, the person said.

(Reporting by Kevin Krolicki, editing by Gerald E. McCormick)