The never-ending Saab saga continues once again. This time around, after having gone bankrupt yet again, the brand has been sold to National Electric Vehicle Sweden, a Chinese-Japanese consortium, for an undisclosed price.
The never-ending Saab saga continues once again. This time around, after having gone bankrupt yet again, the brand has been sold to National Electric Vehicle Sweden, a Chinese-Japanese consortium, for an undisclosed price.
Saab and Hirsch Performance have teamed up to offer performance upgrades for the 2007-2011 9-3 and 2010-2011 9-5 through select Saab dealerships in the US.
In the first part of this series, we looked through some of the worlds most exotic cars, and how they battled it out in a showdown for the most speed last decade. Now though, it’s time to take things down a notch and talk about some Chinese automakers fighting their way into the big automotive world.
Spyker has released more details on their Saab deal with GM, as well as their business plan for Saab.
Spyker is having another stab at purchasing Saab, making General Motors yet another offer.
(By the way, this is our first article to use a “Read More” button. It should make a huge improvement in the long run. It makes the home page less cluttered. There’s a summary on the home page, and then you click the button for the full article. Thanks to our friends at FTS Sports Writing for helping us out with that.)
After a long saga on Saab’s future, GM has made a surprise announcement as the American company is set to keep producing the Saab 9-5 and 9-3 Cabrio.
Today is Saab’s last battle for life, as General Motors reconsiders their decision with the Swedish government influencing them and Spyker making a new offer.
With Saab struggling to stay alive, they are now resorting to selling some things to other companies. They have sold the tooling and rights for the pre-2006 Saab 9-3 and the previous generation Saab 9-5 (Pictured above) to Beijing Automotive Industry Holding Corporation (BAIC), one of the companies in the running for buying Saab.
As you may already know from other news sources (We never mentioned this, my apologies), Koenigsegg, who planned to buy Saab, pulled out of the deal. The brand’s future was beginning to look bleak.