New Saab models in the works, says Spyker CEO Victor Muller

Article by Christian Andrei, on August 27, 2010

To say that Spyker CEO Victor Muller is optimistic about the acquisition of Saab last month is an understatement. In fact, Muller has confirmed that the purchase was completed for $400 million, which he says is the "cost of a wind tunnel."

We'll know soon if Saab will have a successful revival, with its launch of a redesigned 9-5 sedan this summer, the arrival of the 9-4X crossover in 2011 and the debut of a new 9-3 in 2012.

These products were already in the pipeline and their development has been paid for. If it wasn't, Spyker would actually have had to invest at least 1 billion euros (about $1.36 billion) to develop these products.

In an interview at the Geneva Motor Show, Muller said that all these were delivered in a "nice package." Muller has his work cut out for him though.

Last year, Saab's global sales dropped 58% to 39,903. Saab produced just 20,791 cars last year. Nonetheless, Saab Automobile Managing Director Jan Ake Jonsson said he aims to produce 50,000 and 60,000 units in 2010 and to 120,000 units by 2012.

He predicted that in 2012, Saab will return to profit and that the factories that had closed would be running again by the end of March. Jonsson also said that inventories are low, with only 500 new cars in the US when it should be 5,000.

Jonsson added that he aims to repair Saab's network of 218 dealerships in the US and to retain most of those retailers. From Saab's 21,368 units sold in 2008, US sales dropped to 8,680 in 2009. Jonnson said that when you look at 2009 volumes, you'd assume that the network is "too large."

He said that the company seeks to grow volume to more normal levels. Jonsson will focus on encouraging dealers to inform loyal consumers that Saab is back. [via autonews]

Topics: saab, spyker, ceo

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

In the minivan segment, the 2017 Chrysler Pacifica is already impressive in terms of fuel economy figures – as rated by the United States Environmental Protection Agency. In fact, the...
by - December 2, 2016
Having a blacked-out Bentley Mulsanne Speed is already menacing by itself but by naming it as the Bamford X, it became all the more imposing. This model was made by...
by - December 2, 2016
We have good news for those who are waiting for the latest version of the Mazda CX-5 compact crossover. It was just unveiled in November at the 2016 Los Angeles...
by - December 2, 2016
Those familiar with racing know that Marco Wittmann’s win during the 2016 Deutsche Tourenwagen Masters held last May was noteworthy as it was his second title in four seasons. In...
by - December 2, 2016
Volvo has revealed that while its products are used by a number of police organizations around the world, it will be the Swedish police that will get the first chance...
by - December 2, 2016
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries