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Swedish minister-talking to Germany on car units

Wed Dec 3, 2008 6:54am EST

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STOCKHOLM, Dec 3 (Reuters) - Sweden's industry minister said on Wednesday Sweden was talking to German authorities regarding its auto sector and she hoped to have more information soon on car units Volvo and Saab now the intent of their U.S. parents was clear.

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Industry Minister Maud Olofsson told a news conference she does not think the state should be in the business of owning car companies.

"I have talked to my counterpart in Germany who is working on these issues. These (talks) revolve around the fact that Saab and Opel are very closely linked and we of course want to know how Germany is thinking about this," Olofsson said.

"We want to know how they see their relationship with Opel and we will intend to try present how we see Saab's situation. But in the current situation, these (talks) have had more of an exploratory nature."

Ford (F.N), which owns Volvo Cars, and General Motors GM.N, owner of Saab, are looking to sell the subsidiaries. Both parents have held talks with the Swedish state.



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