SAAB-related news and random posts.
Old SAAB engine by Peter From on Flickr
SAAB and BMW have agreed on a deal thatw ill allow the Swedish manufacturer to use a new BMW engine on the upcoming SAAB 9-3.
The deal hasn't been officially announced but an inside source told Bloomberg that it will be announced by the time of the Paris Motor Show in 29 September, 2010.
BMW has been looking for opportunities to sell components to increase the brand's revenue and this is a perfect chance for both makers.
Vaillante Saab , Monte Carlo historique by golfhunter on Flickr
SAAB is supposedly returning to its rallying roots, with a team competing in the international event for 2012.
SAAB and World Rally Championship officials recently met to apparently discuss the manufacturer's return to its most famous racing tradition. SAAB last ran a team on the WRC in 1979, and had been a staple of rally races until then.
SAAB's new rally racing car will probably be based on the new 9-1 or 9-2 design that should be coming out soon.
More at Motortrend and Racer.com.
Auto Express UK
SAAB is supposedly getting its new small sized car from MINI, sources say.
Apparently SAAB is linking up with BMW to source a new small car out of the MINI line, and even SAAB's new boss, Spyker's Victor Muller, has confirmed SAAB is looking to produce a small car. The manufacturer has even given this new project the code name 9-2.
Muller admits SAAB won't be designing the new car by itself: “We could build the 9-2 on our own, but that wouldn’t make sense,” he said. “Thanks to the crisis in the industry, everyone is willing to share everything. So Spyker couldn’t have bought Saab at a better time.”
2008 Saab 9-3 Sport Sedan Snow Silver by moveyourminspain on Flickr
July 31, 2010
SAAB is looking to explore the electric vehicle segment with 100 electric units of new 9-3 model, scheduled to begin the tests next year.
After lengthy speculation and conflicting information, SAAB has released a short term plan, which outlines the main objectives of the Scandinavian automaker. The engineers will focus the efforts in the immediate aftermath to the next generation of 9-3 model, which will serve alongside the current 9-5, to boost the brand sales.
Crf Volante by Alfatruly at Flickr
CNN's excellent short interview with Spyker CEO Victor Muller and SAAB CEO Jan-Aake Jonsson on the acquisition of SAAB and SAAB's future:
FORTUNE -- The latest chapter in the all-but-quixotic effort to revive Saab cars by its new owners played out this week with the media launch of the Saab 9-5 Aero.
That Saab has survived at all while other, better known GM brands -- Hummer, Pontiac, and Saturn -- collapsed during the GM bankruptcy is a testimony to either dumb luck or sheer stubbornness.
Now the automaker faces the equally daunting task of reestablishing itself as a legitimate competitor in the luxury space after halting production and advertising for months -- and thus nearly vanishing from the consciousness of potential customers.
Read more here: http://money.cnn.com/2010/07/27/autos/saab_revival.fortune/
(note: let's be fair here: SAAB production was stopped because GM did not pay import taxes on parts needed for manufacture and the Swedish government had no option but stop production).
"SAAB produced $531 million in black ink in 2009.
Saab was reportedly able to make with the dough by brokering deals with creditors to write off 75 percent of its debt and by selling technology, tooling, and manufacturing rights to Chinese automaker BAIC for $164 million.
The Swedish automaker sold 38,756 vehicles during the tumultuous year, generating revenue of $820 million.
The automaker will probably have to rely on its new-for-2010 9-5 and newly leaner organization to book profits in the future. "
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