BILBAO, Spain -- By 2012, Saab will have a much lower break-even point than under previous owner General Motors Co. at 85,000 annual unit sales, Victor Muller, chairman of the Swedish brand, said.
It "would not be presumptuous" to expect the brand to sell 125,000 vehicles that year, he said.
"Saab sold 98,000 cars globally in 2008. In two years we will have new products -- the 9-5, 9-4X crossover and a new 9-3 -- so sales will bounce back," Muller said.
Saab also could build cars in China if its annual volume in that market hits 10,000 units, he said. Muller also said Saab will announce new distribution arrangements in China in the next few months.
"We hope to be selling 10,000 cars in China in the next three years," Muller told the Automotive News Europe Congress here last week. "If that happens, we will talk to local manufacturers about production."
Muller's Spyker Cars NV, a Dutch maker of luxury sports cars, bought Saab from GM this year.