Bundle material does not look correct for 3D model added from User Assets

Steps to reproduce:

• Import the attached Box.FBX to a project
• Go into component file by double clicking Box in Components view
• Download "Car Paint" material in Content Library - Materials
• Select box001 in Navigator, right click Car Paint and select "Apply to selected (replace)"
• Save changes and go back to Screen01.ui.qml file
• Add Box to Navigator
• Right click box in Navigator and select "Add to Content Library"
• Close the project and create a new one
• In Content Libary - User Assets, add instance of Box to the project
• -> Box component is added without error, but it's (Car Paint) material does not look correct (should look blue but looks white)