Saab chairman Victor Muller said this week’s announcement of an engine tie-up with BMW could signal the start of other partnerships.
“I am sure more will follow,” he told just-auto at the Paris show although he declined to reveal any specific partners he had in mind.
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“The transaction with BMW is the single most comforting transaction that we could have done – the number one premium player in the segment is now our engine supplier. This is a dream come true for a small manufacturer like us.”
Muller admitted there had been those who had expressed scepticism about Saab’s purchase from GM by Dutch sportscar company Spyker but insisted the future was optimistic.
“I understand there have been doubters,” he said, adding: “It is not like we picked up a business in great shape – it was in bad shape – but we have made tremendous progress.
The Saab chairman also said the manufacturer was continuing to draw every quarter from the European Investment Bank loan that underpinned much of the deal allowing the Swedish automaker to change owners earlier this year.
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By GlobalData“We have drawn US$160m from it,” [EIB loan] he said.
