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saab

Slow sales predicted for Saab cars

Published torsdag 28 oktober 2010 kl 12.31

Swedish car maker Saab says that it has under-estimated the time it will take to build the company back up again.

Dutch firm Spyker bought Saab early this year. Now Peter Hallberg, the head of the Saab retailers' association says that they had "wrongly estimated the time that it takes to build up trust."

So far the retailers have cut their sales forecast from 12,000 to 9,000 cars for this year.

Spyker and Saab will present their quarterly report tomorrow. During the first half of 2010 there was a loss of almost 200 $US million.

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