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Spyker Says It Will Reach Annual Sales Target of 80,000 Vehicles

Spyker Cars NV (SPYKR), the owner of Saab Automobile, said it will reach its sales target for this year of 80,000 vehicles, in a response to comments made by Russian businessman Vladimir Antonov in a Swedish newspaper.

Saab will sell a maximum of 60,000 to 65,000 cars this year, Antonov, a former Spyker chairman and shareholder, told Swedish newspaper Dagens Industri today.

The company “has not changed its guidance outlook statements which were given to date," the Zeewolde, Netherlands- based company said in a statement. "The views expressed by Antonov are solely his and do not in any way represent the views of Spyker Cars,”

Spyker shares fell 7.9 percent to 4.30 euros, their biggest decline in 13 months, valuing the company at 86.5 million euros ($120 million).

Antonov agreed last month to buy Spyker’s sports-car unit, helping the carmaker reduce debt. Antonov didn’t answer calls to his mobile phone today.

To contact the reporters on this story: Toby Alder in Stockholm at talder@bloomberg.net; Kim McLaughlin in Stockholm at kmclaughlin6@bloomberg.net.

To contact the editor responsible for this story: Chad Thomas at cthomas16@bloomberg.net.

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