Saab is in talks with serious partners about exchanging technologies

Article by Christian Andrei, on August 27, 2010

Talks are ongoing between Saab and the possible partners with regards to exchanging technologies as it attempts to return to profit by 2012, according to head of Spyker Cars, Victor Muller. In a trip to meet French Saab dealers, Muller admitted to reporters that many have approached the company.

However, Muller is focused on making sure that Saab had the technologies it requires for it to be profitable and self-supporting. Muller explained that since Spyker is not seen as a threat, they want to partner with the company.

He revealed that there's a good chance that it will be supplying its technology to third parties, signifying that Spyker won't only be on the receiving end.

Because of the financial crisis, the auto industry had been pushed into recognizing the benefits of joint research, parts and platform programs.

Other moves that carmakers have done are to cut costs and accelerate car development. General Motors Co. sold Saab for $400 million last month to Spyker.

Earlier this month, Saab said that in order to break even, it would have to sell over 100,000 cars a year. Last year, sales had dived to below 40,000 units.

Spyker is anticipating a complete renewal of its model range to help it exceed that level in 2012 and reach 125,000. The focus of Saab will be on three to four models, including the 9-3 and the new 9-5. [via autonews]

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