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	<title>Saabapedia.org &#187; Saab news</title>
	<atom:link href="http://www.saabapedia.org/tag/saab-news/feed" rel="self" type="application/rss+xml" />
	<link>http://www.saabapedia.org</link>
	<description>Saab blog.</description>
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		<title>Saab 9-2 Development &#8220;Top Priority&#8221;</title>
		<link>http://www.saabapedia.org/saab-9-2-development-top-priority</link>
		<comments>http://www.saabapedia.org/saab-9-2-development-top-priority#comments</comments>
		<pubDate>Thu, 22 Apr 2010 14:03:24 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Features]]></category>
		<category><![CDATA[saab 9-2]]></category>
		<category><![CDATA[saab 9-2 concept]]></category>
		<category><![CDATA[saab ceo]]></category>
		<category><![CDATA[Saab news]]></category>
		<category><![CDATA[saab spyker]]></category>
		<category><![CDATA[spyker ceo]]></category>

		<guid isPermaLink="false">http://www.saabapedia.org/?p=236</guid>
		<description><![CDATA[New Saab CEO Victor Muller has said their Saab 9-2 Development is the &#8220;Top Priority&#8221; at the newly acquired auto maker. As you&#8217;ll remember, Spyker recently purchased Saab from General Motors &#8211; the struggling American auto maker that was selling off pretty much all of its brands. Now that Saab is owned by the Swiss, [...]]]></description>
			<content:encoded><![CDATA[<p>New Saab CEO Victor Muller has said their Saab 9-2 Development is the &#8220;Top Priority&#8221; at the newly acquired auto maker.<span id="more-236"></span> As you&#8217;ll remember, Spyker recently purchased Saab from General Motors &#8211; the struggling American auto maker that was selling off pretty much all of its brands. </p>
<p>Now that Saab is owned by the Swiss, fully again, the construction of their smaller 9-2 sedan/hatchback will (hopefully) commence. </p>
<p><a href="http://www.saabapedia.org/wp-content/uploads/2010/04/saab-9-2.jpg"><img src="http://www.saabapedia.org/wp-content/uploads/2010/04/saab-9-2.jpg" alt="" title="saab-9-2" width="500" height="416" class="alignnone size-full wp-image-239" /></a></p>
<p>In an interview with MotorTrend, Spyker Saab CEO Victor Muller revealed a design proposal for the upcoming model. While Muller wouldn&#8217;t officially release the image, the car has styling cues from several vintage Saabs (the 92, the 93, and the 96). It has a rakish roofline, which would likely limit rear passenger headroom, and a modern front-end. As MT&#8217;s Todd Lassa explains, &#8220;it&#8217;s a polarizing design &#8211; you will love it if you&#8217;re a Saabanista.&#8221;</p>
<p><a href="http://www.saabapedia.org/wp-content/uploads/2010/04/saab-92.jpg"><img src="http://www.saabapedia.org/wp-content/uploads/2010/04/saab-92.jpg" alt="" title="saab-92" width="500" height="400" class="alignnone size-full wp-image-240" /></a></p>
<p>Despite being a design proposal, Muller says 9-2 &#8220;is my priority, Saab&#8217;s top priority.&#8221; Unfortunately, the model is still in limbo until Saab&#8217;s finances turn around. To go it into production, Saab will &#8220;need to find separate financing, or (we have to) perform so well, we can do it out of our own means. &#8230; Or find a partner who we can share a platform with, who has deeper pockets, so we can share it on their balance sheet.&#8221;</p>
<p>-Source: <a href="http://www.worldcarfans.com/110040625533/saab-9-2-development-top-priority---muller">WCF</a></p>
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		<title>GrayDesign Looks at Saabs of Future&#8217;s Past</title>
		<link>http://www.saabapedia.org/graydesign-looks-at-saabs-of-futures-past</link>
		<comments>http://www.saabapedia.org/graydesign-looks-at-saabs-of-futures-past#comments</comments>
		<pubDate>Thu, 11 Mar 2010 21:26:05 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[concept cars]]></category>
		<category><![CDATA[GrayDesign]]></category>
		<category><![CDATA[saab concept]]></category>
		<category><![CDATA[Saab news]]></category>
		<category><![CDATA[spyker saab]]></category>

		<guid isPermaLink="false">http://www.saabapedia.org/?p=225</guid>
		<description><![CDATA[With Spyker now taking over Saab and continuing production we have to wonder if Saab&#8217;s look will ever remain the same. Ok, chances of the overall design and performance change drastically are slim to none. But with a design firm like GrayDesign to invent a few creative concepts it will at least keep this Saab [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.saabapedia.org/wp-content/uploads/2010/03/saab_concept.jpg"><img src="http://www.saabapedia.org/wp-content/uploads/2010/03/saab_concept.jpg" alt="" title="saab_concept" width="534" height="295" class="alignnone size-full wp-image-228" /></a></p>
<p>With Spyker now taking over Saab and continuing production we have to wonder if Saab&#8217;s look will ever remain the same.<span id="more-225"></span> Ok, chances of the overall design and performance change drastically are slim to none. But with a design firm like GrayDesign to invent a few creative concepts it will at least keep this Saab rebirth interesting.</p>
<p><a href="http://www.saabapedia.org/wp-content/uploads/2010/03/saab_96_3.jpg"><img src="http://www.saabapedia.org/wp-content/uploads/2010/03/saab_96_3.jpg" alt="" title="saab_96_3" width="534" height="294" class="alignnone size-full wp-image-229" /></a></p>
<p>First off we have a &#8220;retro teardrop&#8221; modeled after a classic Saab 96, the car that replaced the 93. It was produced from 1960-1980 and equipped first with an 841cc two-stroke inline-three and later a 1498 or 1700cc four-stroke V4. Its most famous design feature are the rounded-off square fender front fender flares that you can see so dramatically re-interpreted on this concept design.</p>
<p><a href="http://www.saabapedia.org/wp-content/uploads/2010/03/saab_spyker_2.jpg"><img src="http://www.saabapedia.org/wp-content/uploads/2010/03/saab_spyker_2.jpg" alt="" title="saab_spyker_2" width="534" height="401" class="alignnone size-full wp-image-230" /></a></p>
<p>Another GrayDesign concept shows a Saab &#8220;supercar&#8221; and is the work of Trolhattan-dwelling designer Eduard Gray. &#8220;He envisions a vehicle sitting on one of Spyker&#8217;s mid-engined platforms, then skinned in the clean surfaces and hockey stick roofline that define the Saab brand.&#8221; Both look really interesting, and are true concepts because, well, we&#8217;ll probably not ever see anything like these in a dealership lot.</p>
<p>Sources: <a href="http://jalopnik.com/5488264/the-saabs-of-future-present">Jalopnik</a> | <a href="http://graydesign.se/index.php?option=com_content&#038;view=article&#038;id=141:saab-spyker-9-tribute&#038;catid=45:image-news">GrayDesign</a></p>
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		<title>Spyker Saab Deal Goes Through (Press Release)</title>
		<link>http://www.saabapedia.org/spyler-saab-deal-goes-through-press-release</link>
		<comments>http://www.saabapedia.org/spyler-saab-deal-goes-through-press-release#comments</comments>
		<pubDate>Tue, 23 Feb 2010 17:34:50 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[press release]]></category>
		<category><![CDATA[saab 9-5]]></category>
		<category><![CDATA[saab deal]]></category>
		<category><![CDATA[Saab news]]></category>
		<category><![CDATA[spyker saab deal]]></category>

		<guid isPermaLink="false">http://www.saabapedia.org/?p=221</guid>
		<description><![CDATA[DETROIT – General Motors and Spyker Cars NV today announced that they have finalized the deal for Spyker to purchase Saab Automobile AB. Going forward, Saab and Spyker will operate under the Spyker (AMS:SPYKR) umbrella, and Spyker will assume responsibility for Saab operations. The previously announced wind down of Saab operations has ended. “This transaction [...]]]></description>
			<content:encoded><![CDATA[<p>DETROIT – General Motors and Spyker Cars NV today announced that they have finalized the deal for Spyker to purchase Saab Automobile AB.<span id="more-221"></span></p>
<p><a href="http://www.saabapedia.org/wp-content/uploads/2010/02/2010_saab_9-5.jpg"><img src="http://www.saabapedia.org/wp-content/uploads/2010/02/2010_saab_9-5.jpg" alt="" title="2010_saab_9-5" width="548" height="298" class="alignnone size-full wp-image-220" /></a></p>
<p>Going forward, Saab and Spyker will operate under the Spyker (AMS:SPYKR) umbrella, and Spyker will assume responsibility for Saab operations.  The previously announced wind down of Saab operations has ended.</p>
<p>“This transaction represents the successful outcome of months of hard work and intense negotiations, all aimed at securing a sustainable future for this unique brand, and we are pleased with the positive outcome,” said John Smith, GM vice president for corporate planning and alliances.  “This is a great day for Saab employees, dealers and suppliers, and a great day for millions of Saab customers and fans worldwide.”</p>
<p>“Throughout negotiations over the past year, GM has worked with many parties, including governments and investors, to find a solution for Saab,” said Nick Reilly, president, GM Europe. “I’m very pleased that we could come to a positive conclusion, one that presents a viable future for Saab and preserves jobs in Sweden and elsewhere.”</p>
<p>Via GM Press Release</p>
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		<title>Saved! GM Sells Saab to Spyker</title>
		<link>http://www.saabapedia.org/saved-gm-sells-saab-to-spyker</link>
		<comments>http://www.saabapedia.org/saved-gm-sells-saab-to-spyker#comments</comments>
		<pubDate>Tue, 26 Jan 2010 18:43:52 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Features]]></category>
		<category><![CDATA[gm sells saab]]></category>
		<category><![CDATA[Saab news]]></category>
		<category><![CDATA[saab saved]]></category>
		<category><![CDATA[saab spyker deal]]></category>

		<guid isPermaLink="false">http://www.saabapedia.org/?p=212</guid>
		<description><![CDATA[In case you haven&#8217;t already heard &#8211; GM has agreed to sell Saab to Spyker. It&#8217;s been many, many&#8230;MANY months since Spyker, a small Dutch sports car producer, began talks with General Motors to purchase what was left of Sweden&#8217;s Saab. Well now the make has been saved at the zero hour! New York Times [...]]]></description>
			<content:encoded><![CDATA[<p>In case you haven&#8217;t already heard &#8211; GM has agreed to sell Saab to Spyker.<span id="more-212"></span> </p>
<p>It&#8217;s been many, many&#8230;MANY months since Spyker, a small Dutch sports car producer, began talks with General Motors to purchase what was left of Sweden&#8217;s Saab. </p>
<p>Well now the make has been saved at the zero hour! <a href="http://dealbook.blogs.nytimes.com/2010/01/26/gm-strikes-deal-to-sell-saab-to-spyker/">New York Times</a> reports: </p>
<p>&#8220;General Motors said Tuesday that it had reached an agreement to sell its Swedish unit Saab  to Spyker Cars, a tiny Dutch maker of high-end sports cars, saving Saab from what seemed like certain extinction after earlier bids had collapsed, The New York Times’s Nelson Schwartz reports.</p>
<p><img src="http://www.saabapedia.org/wp-content/uploads/2010/01/SaabBlackTurbo800px.jpg" alt="" title="SaabBlackTurbo800px" width="549" height="274" class="alignnone size-full wp-image-213" /></p>
<p>G.M. had begun the process of shuttering Saab’s production line and other facilities in Trolltattan, Sweden, at the beginning of the year, but the deal with Spyker will halt that process and buy time for Saab to begin rolling out new cars.</p>
<p>“General Motors, Spyker Cars and the Swedish government worked very hard and creatively for a deal that would secure a sustainable future for this unique and iconic brand,” John Smith, G.M.’s vice president for corporate planning and alliances, said in a statement.</p>
<p>Spyker intends to form a new company, Saab Spyker Automobiles. The transaction is expected to close in mid-February.</p>
<p>The announced deal is the latest turn in a saga that had riveted workers and politicians alike in Sweden, as well as Saab’s famously devoted customer-base.</p>
<p>Still, it will be an uphill battle for Saab to survive over the long-term, auto experts said, noting that just finding a buyer took more than a year for G.M. Amid the uncertainty over the company’s survival, sales plunged 50 percent in the first half of 2009, to 24,000 cars, far too slow a pace for Saab to operate profitably.&#8221;</p>
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		<title>Save Saab &#8211; The Protest Gallery</title>
		<link>http://www.saabapedia.org/save-saab-the-protest-gallery</link>
		<comments>http://www.saabapedia.org/save-saab-the-protest-gallery#comments</comments>
		<pubDate>Wed, 06 Jan 2010 16:43:28 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[general motors]]></category>
		<category><![CDATA[gm saab buyout]]></category>
		<category><![CDATA[protest pictures]]></category>
		<category><![CDATA[Saab news]]></category>
		<category><![CDATA[save saab]]></category>
		<category><![CDATA[sell saab]]></category>

		<guid isPermaLink="false">http://www.saabapedia.org/?p=195</guid>
		<description><![CDATA[Save Saab by selling it &#8211; that&#8217;s what Saab lovers gathered to tell General Motors at their Detroit HQ on a dark, chilly day &#8211; isn&#8217;t that everyday in Michigan? People came as far as New England, New Jersey&#8230;well a lot of places in the North East to tell GM: Sell Saab to Save Saab! [...]]]></description>
			<content:encoded><![CDATA[<p>Save Saab by selling it &#8211; that&#8217;s what Saab lovers gathered to tell General Motors at their Detroit HQ on a dark, chilly day &#8211; isn&#8217;t that everyday in Michigan?<span id="more-195"></span> People came as far as New England, New Jersey&#8230;well a lot of places in the North East to tell GM: Sell Saab to Save Saab! Two doors or Four &#8211; old and new Saabs were there with owners and news crews for the protest.</p>
<p><img class="alignnone size-full wp-image-202" title="saab_043" src="http://www.saabapedia.org/wp-content/uploads/2010/01/saab_043.jpg" alt="" width="525" height="349" /></p>
<p><img class="alignnone size-full wp-image-203" title="saab_029" src="http://www.saabapedia.org/wp-content/uploads/2010/01/saab_029.jpg" alt="" width="525" height="349" /></p>
<p><img class="alignnone size-full wp-image-204" title="saab_060" src="http://www.saabapedia.org/wp-content/uploads/2010/01/saab_060.jpg" alt="" width="525" height="344" /></p>
<p><img class="alignnone size-full wp-image-205" title="saab_093" src="http://www.saabapedia.org/wp-content/uploads/2010/01/saab_093.jpg" alt="" width="524" height="348" /></p>
<p><img class="alignnone size-full wp-image-206" title="saab_100" src="http://www.saabapedia.org/wp-content/uploads/2010/01/saab_100.jpg" alt="" width="524" height="348" /></p>
<p><img class="alignnone size-full wp-image-207" title="saab_112" src="http://www.saabapedia.org/wp-content/uploads/2010/01/saab_112.jpg" alt="" width="525" height="349" /></p>
<p>Check out <a href="http://jalopnik.com/5440846/sell-our-saab-the-rally">Jalopnik: Sell Our Saab</a> for more coverage</p>
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		<title>Own a Saab? Save It In Detroit Tuesday, January 5th!</title>
		<link>http://www.saabapedia.org/own-a-saab-save-it-in-detroit-tuesday-january-5th</link>
		<comments>http://www.saabapedia.org/own-a-saab-save-it-in-detroit-tuesday-january-5th#comments</comments>
		<pubDate>Mon, 04 Jan 2010 16:06:10 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[detroit auto news]]></category>
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		<category><![CDATA[gm news]]></category>
		<category><![CDATA[GM's Renaissance Center]]></category>
		<category><![CDATA[saab closing]]></category>
		<category><![CDATA[Saab news]]></category>
		<category><![CDATA[saab sold off]]></category>

		<guid isPermaLink="false">http://www.saabapedia.org/?p=188</guid>
		<description><![CDATA[If you own a Saab and want to protest General Motor&#8217;s selling off of the brand, we have an event for you! Tomorrow, which is Tuesday January 5th for those still hung over in a post-New Years haze, Saab owners and fans will gather at GM&#8217;s Renaissance Center (or &#8220;Rennaissance&#8221; as they spelled it in [...]]]></description>
			<content:encoded><![CDATA[<p>If you own a Saab and want to protest General Motor&#8217;s selling off of the brand, we have an event for you!<span id="more-188"></span> Tomorrow, which is Tuesday January 5th for those still hung over in a post-New Years haze, Saab owners and fans will gather at GM&#8217;s Renaissance Center (or &#8220;Rennaissance&#8221; as they spelled it in a press release, lolz) in Motor City to show The General just how beloved Saab really is. The event is being coordinated by <a href="http://www.saabhistory.com/2009/12/30/saab-history-suggests-a-saab-enthusiast-convoy-to-detroit/">Saab History</a>, a collective of Swedish auto enthusiasts.</p>
<p><img class="alignnone size-full wp-image-190" title="saab-history" src="http://www.saabapedia.org/wp-content/uploads/2010/01/saab-history.jpg" alt="" width="524" height="255" /></p>
<p>Saab lovers across Europe have already gathered in solidarity for the car make, and GM has noticed. Last week, just before GM was ready to <a href="http://www.saabapedia.org/calm-down-everyone-saab-lives-on">cut Saab completely</a>, they resigned its position and kept the brand on for an extended deadline. As companies continue to make offers for Saab the clock keeps on ticking. Guess we&#8217;ll find out by January 7th, according to General Motors, what will happen to Saab. We hope to have protest photos up by week&#8217;s end, and more news concerning your favorite Swedish auto maker!</p>
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		<title>Saab&#8217;s Closing &#8211; Just Kidding!</title>
		<link>http://www.saabapedia.org/saabs-closing-just-kidding</link>
		<comments>http://www.saabapedia.org/saabs-closing-just-kidding#comments</comments>
		<pubDate>Mon, 21 Dec 2009 14:58:45 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Features]]></category>
		<category><![CDATA[gm news]]></category>
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		<category><![CDATA[Saab news]]></category>
		<category><![CDATA[spyker]]></category>

		<guid isPermaLink="false">http://www.saabapedia.org/?p=171</guid>
		<description><![CDATA[Ok, so Saab may not be dead in three months after all? After parent company GM announced the end of Saab last week, several interested parties went back to the deal makers in order to purchase Saab. Spyker, one of the originally interested companies, is back with a new deal for General Motors: &#8220;Following Friday&#8217;s [...]]]></description>
			<content:encoded><![CDATA[<p>Ok, so Saab may not be dead in three months after all?<span id="more-171"></span> After parent company GM announced <a href="http://www.saabapedia.org/saab-will-be-shut-down-so-says-gm">the end of Saab</a> last week, several interested parties went back to the deal makers in order to purchase Saab. <a href="http://www.saabapedia.org/index.php?s=Spyker">Spyker</a>, one of the originally interested companies, is back with a new deal for General Motors: </p>
<p>&#8220;Following Friday&#8217;s announcement that GM will begin the orderly wind down of Saab, GM has received inquiries from several parties. We will evaluate each inquiry. We will not comment further until these evaluations have been completed.&#8221;</p>
<p><a href="http://www.saabapedia.org/wp-content/uploads/2009/12/saab_4.jpg"><img src="http://www.saabapedia.org/wp-content/uploads/2009/12/saab_4.jpg" alt="" title="saab_4" width="547" height="74" class="alignnone size-full wp-image-176" /></a></p>
<p>It seems as though the Swedish are trying like hell to keep Saab alive, along with beer and those little red fish candy things. Oh man, those are delicious!</p>
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		<title>Saab Will Be Shut Down &#8211; So Says GM</title>
		<link>http://www.saabapedia.org/saab-will-be-shut-down-so-says-gm</link>
		<comments>http://www.saabapedia.org/saab-will-be-shut-down-so-says-gm#comments</comments>
		<pubDate>Fri, 18 Dec 2009 14:07:19 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[News]]></category>
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		<category><![CDATA[saab shut down]]></category>

		<guid isPermaLink="false">http://www.saabapedia.org/?p=166</guid>
		<description><![CDATA[General Motors can&#8217;t sell Saab &#8211; and will be shutting down the make in coming months. Via The Car Connection: General Motors announced today that the intended sale of Saab Automobile AB would not be concluded. After the withdrawal of Koenigsegg Group AB last month, GM had been in discussions with Spyker Cars about its [...]]]></description>
			<content:encoded><![CDATA[<p>General Motors can&#8217;t sell Saab &#8211; and will be shutting down the make in coming months.<span id="more-166"></span> Via <a href="http://blogs.thecarconnection.com/marty-blog/1040397_gm-saab-will-be-shut-down">The Car Connection</a>: General Motors announced today that the intended sale of Saab Automobile AB would not be concluded. After the withdrawal of Koenigsegg Group AB last month, GM had been in discussions with Spyker Cars about its interest in acquiring Saab. During the due diligence, certain issues arose that both parties believe could not be resolved.  As a result, GM will start an orderly wind-down of Saab operations.</p>
<p>“Despite the best efforts of all involved, it has become very clear that the due diligence required to complete this complex transaction could not be executed in a reasonable time. In order to maintain operations, Saab needed a quick resolution,” said GM Europe President Nick Reilly.  “We regret that we were not able to complete this transaction with Spyker Cars. We will work closely with the Saab organization to wind down the business in an orderly and responsible manner. This is not a bankruptcy or forced liquidation process. Consequently, we expect Saab to satisfy debts including supplier payments, and to wind down production and the distribution channel in an orderly manner while looking after our customers.”</p>
<p>Saab will continue to honor warranties, while providing service and spare parts to current Saab owners around the world.</p>
<p>As part of its efforts to become a leaner organization, GM began seeking a buyer for Saab’s operations in January.  Last week, Saab Automobile AB announced that it had closed on the sale of certain Saab 9-3, current 9-5 and powertrain technology and tooling to Beijing Automotive Industry Holdings Co. Ltd. (BAIC).  GM expects today’s announcement to have no impact on the earlier sale.</p>
<p>As the company continues to reinvent itself, GM has been faced with some very difficult but necessary business decisions. The focus will remain on the four core brands – Buick, Cadillac, Chevrolet and GMC – and several regional brands, including Opel / Vauxhall in Europe.  This will enable the company to devote more engineering and marketing resources to each brand and model.</p>
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		<title>Saab Officially Sells to Beijing Automotive Industry Holding Co</title>
		<link>http://www.saabapedia.org/saab-officially-sells-to-beijing-automotive-industry-holding-co</link>
		<comments>http://www.saabapedia.org/saab-officially-sells-to-beijing-automotive-industry-holding-co#comments</comments>
		<pubDate>Thu, 17 Dec 2009 13:54:51 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[2010 saab 9-5]]></category>
		<category><![CDATA[Beijing Automotive]]></category>
		<category><![CDATA[general motors]]></category>
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		<category><![CDATA[saab owners]]></category>
		<category><![CDATA[spyker automotive]]></category>

		<guid isPermaLink="false">http://www.saabapedia.org/?p=163</guid>
		<description><![CDATA[Drumroll please&#8230;Ladies and gentlemen &#8211; your FUTURE Saab asset owners are the one, the only &#8211; Beijing Automotive Industry Holding Co. This deal, made official yesterday and made public just last night, was for the ownership of assets such as the Saab 9-3 and 9-5 from General Motors to BAIC. This news comes from the [...]]]></description>
			<content:encoded><![CDATA[<p>Drumroll please&#8230;Ladies and gentlemen &#8211; your FUTURE Saab asset owners are the one, the only &#8211; Beijing Automotive Industry Holding Co.<span id="more-163"></span> This deal, made official yesterday and made public just last night, was for the ownership of assets such as the Saab 9-3 and 9-5 from General Motors to BAIC.</p>
<p><img class="alignnone size-full wp-image-159" title="2010-saab-9-5-12_cd_gallery" src="http://www.saabapedia.org/wp-content/uploads/2009/12/2010-saab-9-5-12_cd_gallery.jpg" alt="2010-saab-9-5-12_cd_gallery" width="550" height="336" /></p>
<p>This news comes from the Swedish business newspaper Dagens Industri &#8211; Chinese automaker Beijing Automotive Industry Holding Co. (BAIC, as the kids are calling it) has paid $197 million for the rights to the 9-5 model as well as some technology from the 9-3.</p>
<p><img class="alignnone size-full wp-image-30" title="Saab Aero X concept " src="http://www.saabapedia.org/wp-content/uploads/2008/09/2006-saab-aero-x-concept-gauge.jpg" alt="Saab Aero X concept " width="549" height="411" /></p>
<p>This amount affords Saab/GM only three more months of operating funds. As we reported earlier in the week, The General is still talking with <a href="http://www.saabapedia.org/so-wait-who-owns-saab-now">Dutch automaker Spyker</a> to purchase Saab. If a buyer isn&#8217;t found, GM will simply close Saab down for good.</p>
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		<title>So, Wait&#8230;Who Owns Saab Now?</title>
		<link>http://www.saabapedia.org/so-wait-who-owns-saab-now</link>
		<comments>http://www.saabapedia.org/so-wait-who-owns-saab-now#comments</comments>
		<pubDate>Tue, 15 Dec 2009 15:34:49 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[auto news]]></category>
		<category><![CDATA[beijing auto]]></category>
		<category><![CDATA[Features]]></category>
		<category><![CDATA[saab buy out]]></category>
		<category><![CDATA[Saab news]]></category>
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		<guid isPermaLink="false">http://www.saabapedia.org/?p=158</guid>
		<description><![CDATA[A Beijing auto company recently purchased rights for the design/production of Saab&#8217;s 9-3 and 9-5. But Spyker, a Dutch company, still wants to purchase Saab. Umm&#8230;we&#8217;re confused. Officially, the &#8220;technology&#8221; of Saab&#8217;s two popular models was sold off to Beijing Auto by parent company GM. This happened only a few days ago. However, Dutch manufacturer [...]]]></description>
			<content:encoded><![CDATA[<p>A Beijing auto company recently purchased rights for the design/production of Saab&#8217;s 9-3 and 9-5. But Spyker, a Dutch company, still wants to purchase Saab.<span id="more-158"></span> Umm&#8230;we&#8217;re confused. Officially, the &#8220;technology&#8221; of Saab&#8217;s two popular models was sold off to Beijing Auto by parent company GM. This happened only a few days ago. However, Dutch manufacturer Spyker, which hasn&#8217;t turned a profit since going public in 2004, still wants the Saab name.</p>
<p><img class="alignnone size-full wp-image-159" title="2010-saab-9-5-12_cd_gallery" src="http://www.saabapedia.org/wp-content/uploads/2009/12/2010-saab-9-5-12_cd_gallery.jpg" alt="2010-saab-9-5-12_cd_gallery" width="519" height="331" /></p>
<p>For now, General Motors still has the Saab brand, and is looking to unload it as soon as possible. Other companies looking to keep Sweden&#8217;s Auto Maker in The Netherlands include Renco Group and also Koenigsegg, who recently had the top notch before falling through. Anyone want to make a <a href="http://www.saabapedia.org/why-does-no-one-want-saab">bid for Saab</a>?</p>
<p>Via <a href="http://www.worldcarfans.com/109121423525/spyker-still-in-contention-for-saab-despite-asset-sale">WorldCarFans</a></p>
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