The total debt of bankrupt Saab Saab Automobile and two of its subsidiaries has been calculated by the receivers at between SEK12-13bn (USD1.8-2bn).

The deadline for final bids for the company is next Tuesday (10 April) when full probate will be published.

The receivers told Dow Jones there are a number of interested parties all of whom want to produce cars at the company’s facilities in Trollhattan.

One confirmed bidder is Chinese car maker Zhejiang Youngman Lotus Automobile which tried to rescue the struggling Saab last year when it was forced to seek court protection from its creditors.

Saab’s long-time owner GM refused to license its technology, which provides the basis for Saab’s existing models, to any purchaser likely to compete head-to-head with it in China.