IMPORTANT NEWS: National Electric Vehicle Sweden has agreed to buy the assets of Saab Automobile and the sale is expected to be finalized during the summer.

Thursday, May 12, 2011

Automotive analyst Matts Carlsson still believes in Saab

The Swedish automotive analyst, Matts Carlsson, still believes in Saab. That's according to Swedish E24. Carlsson belives that a much more interesting player than Hawtai might come along.

- There is reason to believe that there might come along more potent Chinese automakers that are interested in Saab - there should be many who are interested in buying Saab, Matts Carlsson, automotive analyst and president of Gothenburg Management Institute said to E24.

He notes that the Chinese government wants the Chinese automotive industry to become a global player, and through buying Saab a Chinese car company would get a global brand and two newly developed products.

- There are much more interesting players out there than Hawtai, Carlsson said.

Carlsson continued by saying that there are much value in Saab which the Chinese should be interested in.

Head of Chinese car company Chery has said that it will take the Chinese car manufacturers decades to develop premium cars. Carlsson reminds E24 that Chery was interested in buying Volvo and that Saab now could be a good buy for Chery.

About the value of the Saab brand, I recommend that you read a very good article over at Automotive News, which explains why Saab is valuable for the Chinese car companies. In short, the Chinese are crazy about brands and Saab is the last European independent premium car company which the Chinese can get a part of.