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Re: Last "real" SAAB? Posted by juanm [Email] ![]() ![]() In Reply to: Last "real" SAAB?, MacDuff, Fri, 23 Nov 2012 12:35:33 Members do not see ads below this line. - Help Keep This Site Online - Signup |
excerpt From wikipedia -see http://en.wikipedia.org/wiki/Saab for details
2003 is when GM owned everything but unless you go back quite a bit, Saab has had partners.
My owner experience with a 96, a few pre-1993 900s, a 1996 900, a 1999 9-3 and a 2002 9-3 indicate that after 2002 everything Saab just really wasn't there any more.
Svenska Aeroplan AB (1948–1969)
Saab AB, "Svenska Aeroplan AB (aktiebolaget)" (Swedish for "Swedish Aeroplane Limited"), a Swedish aerospace and defence company, had been created in 1937 in Linköping. The company had been established in 1937 for the express purpose of building aircraft for the Swedish Air Force to protect the country's neutrality as Europe moved closer to war. As the war drew towards a close and the market for fighter planes evaporated, the company began looking for new markets in which to diversify.
An automobile design project was started in 1945 with the internal name X9248.[11][12] The design project became formally known as Project 92; the 92 being next in production sequence after the Saab 91, a single engine trainer aircraft.
Saab-Scania (1969–1989)
In 1969, Saab AB merged with the Swedish commercial vehicle manufacturer Scania-Vabis AB to form Saab-Scania AB, under the Wallenberg family umbrella.
General Motors and Investor AB (1989–2000)
In 1989, the Saab car division of Saab-Scania was restructured into an independent company, Saab Automobile AB, headquartered in Sweden; General Motors and Investor AB controlled 50% each. GM's investment of US$600 million gave them the option to acquire the remaining shares within a decade. General Motors' involvement spurred the launch of a new 900 in 1994. The new car shared a platform with the Opel Vectra. Due in large part to its success, Saab earned a profit in 1995 for the first time in seven years. However, the model never achieved the cult following of the "classic 900" and did not achieve the same reputation for quality.
General Motors (2000–2010)
GM exercised their option to acquire the remaining Saab shares in 2000, spending US$125 million to turn the company into a wholly owned subsidiary.
The newly close relationship yielded its first product in 2003's all-new 9-3. The new model, marketed as a sport sedan, dropped Saab's iconic hatchback in favor of a more conventional four-door approach. The model shared a platform and components with the Vectra again, but the relationship was much closer than had been in the past.
Spyker/Swedish Automobile (2010–2011)
On 26 January, General Motors (GM) confirmed that Spyker and GM had come to an agreement allowing Spyker to purchase Saab,[25] subject to regulatory and government approval; the sale was completed on February 23, 2010.
2011
On February 25, Spyker Cars N.V. announced they had agreed to sell the sports car arm to focus on Saab. They intended to change their name, in May, to include the Saab name.
2012 & Bankruptcy
On 19 December 2011 with no alternatives left after GM continued to block any form of involvement with a Chinese partner, SAAB officially filed for bankruptcy after a three-year fight for survival. Due to Sweden's bankruptcy laws, a party that files for bankruptcy can be bought out of bankruptcy. Therefore this may not yet be the end of SAAB.
National Electric Vehicle Sweden (2012–)
On 13 June 2012, a press conference was held announcing that Saab Automobile AB and its subsidiaries Saab Automobile Powertrain AB and Saab Automobile Tools AB as well as the Saab factory had been acquired by the Chinese-Japanese consortium National Electric Vehicle Sweden (NEVS). Saab Automobile Parts AB was not included in the deal and the Swedish National Debt Office will continue as an owner of that company.[92] NEVS plan is to build pure (and only pure) electric vehicles with an electric version of the current 9-3 model available in 2013/2014 as well as to continue development of the replacement to the 9-3, the Phoenix.
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