• Mar 10th 2011 at 2:32PM
  • 11
Russian investor Vladimir Antonov says that Saab will miss its sales target of 80,000 vehicles this year. According to Reuters, Antonov helped Spyker buy Saab last February, and is looking at taking over Spyker's sports car operations. Antonov also said that missing the sales goal would mean capital problems for Saab.

Victor Muller, CEO of Saab-parent Spyker Cars, dismissed Antonov's statements as bogus. According to Reuters, Muller called Antonov's comments "complete nonsense," and said that Spyker was staying with its sales goals for Saab.

Spyker is in hot water, too, operating at a loss last year and looking for investors, including Antonov.

Antonov told the Swedish press that he sees Saab moving closer to 65,000 cars for 2011. Saab brass say the company is on target to make its sales goal, but are more concerned with sticking to its new business plan than meeting a specific sales target. According to Reuters, Saab moved 31,696 cars in 2010, after cutting its sales goal from 45,000 to 30,000.

[Source: Reuters | Image: Chris Paukert/AOL]

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    • 1 Second Ago
      • 4 Years Ago
      He must not have seen the 9-4X yet!
        • 4 Years Ago
        I don't know what you're talking about, but for the sake of absolute clarity I was being sarcastic.

        • 4 Years Ago
        Really? (I know)...just thought the blog I read was particularly relevant to the topic. The guy's treading on Elon Musk territory with those projections...
        • 4 Years Ago
        I read about this shyster Mueller in a recent blog post, did some research of my own, and concluded in similar fashion that he's not being honest to save his investment. And who could blame him, Saab's new product is good - but 80k units is ambitious at best.
        Check it: http://autoinsurgent.blogspot.com/2010/12/saab-doomed-to-fail-again.html
        • 4 Years Ago
        Saab could survive but they have to stop believing their product justify near BMW/Mercedes cost. Sure some will always go to the alternative but the bulk will not and 80k is a lot more cars then most niche makers can support. Remember the contrarians have lots of choices in other makes too.
      • 4 Years Ago
      Its fun to write about the future of saab, or talk up the fact that when new products come the brand will survive.. but the less than 60 sales of the new Saab 9-5 in February, I would say the Russian guy is dead on. If you believe in Muller then visit your local saab dealership (if you can find one) and buy a $28,000 Buick/9-5 for $46,000 - because thats the business plan for the next 24 - 36 months is banking on. Muller's 15 minutes of fame is done and the EIB won't be fooled any longer.
      • 4 Years Ago
      Color me shocked.
      • 4 Years Ago
      SAAB lost it's way when it went to GM architecture and tried to compete with Mercedes and BMW as a luxury car.
      It would have been better off developing their strengths as a sport utility sports car .
      Well anyway it's all just 20/20 hindsight but I still think the sport utility sports car is a segment worth developing further as people seek more versatility from their sports cars.
      • 4 Years Ago
      I love Euro auto's!
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