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Professor trashes Saab suitor Spyker

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13:27 CET+01:00
Dutch luxury sports carmaker Spyker, which has expressed its interest in buying Saab automobile, is an even less reliable potential suitor than Koenigsegg, claims Christian Berggren, a professor in industrial organization at Linköping University.

The academic also questions the intentions of Spyker and its Russian parent towards Sweden's iconic car company.

“Either its aims are very unclear, or one can also wonder about the industrial competence of the company,” Berggren told news agency TT.

The prospect of a successful marriage between Spyker and Saab is depressing, in Berggren's view.

“What Saab needs is a strong industrial owner, with strong finances and resources that drive product development, bring down costs and so on. And this company does not have these things. It is really less reliable than Koenigsegg,” he said.

“When GM chose Koenigsegg, anyone who knew anything about the industry knew that this was a very weak bidder. But GM couldn't find anything better. As much as possible they want at any cost to put off being liable for the costs of closing the concern. They're clutching at straws,” Berggren added.

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