Saab is continuing its search for a partner to help it build a new entry-level car and the company also wants to build vehicles for other automakers at its factory in Sweden, Chairman Victor Muller said.
"We are talking with other manufacturers to buy a platform or drivetrain technology for this entry-level car," Muller told Automotive News Europe. "It should come as soon as possible, in 2014 the earliest. "
Muller said the car would be priced at about 20,000 euros. "It should be a car about the size of an Audi A1, and we could sell 30,000 to 50,000 a year," Muller said in an interview with ANE earlier this month.
He did not say which other automakers Saab is talking to about a potential partnership.
Muller said Saab does not want to ask a bank for credit to fund investments for the new car. "We have a big asset with our plant in Trollhättan. It has a capacity of 190,000 cars. We could act as a contract-manufacturer," he said.
Saab CEO Jan Ake Jonsson said the brand has very ambitious sales goals. "We plan to sell 80,000 units this year, and 120,000 in 2012," Jonsson, told Automotive News Europe. "Our business plan relies on low volume expectations. We only need 85,000 units to reach our break-even level," Jonsson added.
Last year, Saab's global unit sales were 31,696, compared with 27,482 in 2009.
Muller has said the new small car will capture the teardrop shape of the Saab 92 model that was built between 1949 and 1956, but will not be retro.
Wim Oude Weernink contributed to this story