Saab comeback slower than expected
• Saab and Volvo may team up on soft-top cars
• Spyker on course for a 2012 profit
Dutch firm Spyker bought Saab early this year and said it would get the iconic Swedish auto brand ready for its revenge.
Now Peter Hallberg, the head of the Saab retailers' association, tells Swedish Radio that they had "wrongly estimated the time that it takes to build up trust." Retailers in Sweden have cut their sales forecast from 12,000 to 9,000 cars for 2010.
The company intended to produce 120,000 cars a year in 2012, returning to the production level achieved in 2007, and to sell 50,000 to 55,000 cars this year.
Rescued by a last-ditch, 400-million-euro (495-million-dollar) purchase by Dutch luxury car maker Spyker, Saab is entering an era of independence, after spending 20 years as a General Motors brand.
Spyker and Saab will present their quarterly report Friday.
Last Updated (Thursday, 28 October 2010 14:53)




