Spyker in talks to build version of 1950s Saab model

Gasgoo From Bloomberg

Spyker Cars NV, Saab Automobile's owner, is in talks with automakers to share technology and an underbody for a new car based on a 1950s Saab model, Chief Executive Officer Victor Muller said in an interview.

"Discussions are already ongoing," Muller said in a telephone interview yesterday on his way from Gothenburg, Sweden, to Saab's plant in Trollhaettan. "That will be on my plate for the next 100 days."

The new small car would be tear-drop shaped, inspired by the Saab 92 model that was in production between 1949 and 1956, he said, declining to say with whom he's been negotiating.

Spyker, the Dutch maker of supercars, bought Saab in February from General Motors Co., completing a 14-month effort by GM to either unload the company or close it down. Saab, which begins selling the new 9-5 model May 31, has spent the last three months restarting production and severing the GM ties.

"Saab is going to have to reignite interest in the brand, go back to its core values" of the 1980s and 1990s when it appealed to "creative" professionals such as architects, said Ian Fletcher, a European automotive analyst at IHS Global Insight in London. "Muller has to be optimistic."

Spyker rose 13.5 cents, or 4.9 percent, to 2.89 euros in Amsterdam. The stock is up 35 percent this year.

Sales Target

Saab aims to sell between 50,000 and 55,000 cars this year, of which 17,000 would be the new 9-5, Muller said. Next year Saab targets sales of 100,000 cars, including 40,000 9-5s and about 10,000 9-4X, a midsize crossover SUV to be built at a GM plant in Mexico starting in April 2011, he said.

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