Saab Plans Russia Plant?

March 29, 2010

Saab is looking to build an assembly plant in Russia, said Vladimir Antonov, a former stakeholder in Spyker who left the company so it could buy Saab from General Motors.

“I think we will sign a memorandum of understanding regarding production in Russia … within a month,” Antonov, who said he was a financial adviser to Spyker CEO Viktor Muller, told Slon.ru web site Friday.

Most likely, the assembly facility will be in Kaliningrad and produce 10,000 cars per year, he said. Neither Saab nor Muller had any immediate response to the interview.

(MT)

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