2002 Saab 9-3 Se Hatchback 4-door 2.0l (seized Engine) on 2040-cars

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3 former Saab execs charged with tax evasion

The Associated Press reports three former Saab executives have been arrested on charges of accounting fraud. Swedish prosecutor Olof Sahlgren has refused to identify the individuals, but says they're suspected of attempting to evade taxes by falsifying Saab accounts between 2010 and 2011 during the Spyker years. Other reports indicate the parties involved include former General Counsel to Saab Kristina Geers (seen to the left of former CEO Victor Muller, above), a 15-year-veteran of the company - her husband, Eric, was the company's communications director for 9 years as well.
Saab filed for bankruptcy in 2011, and was purchased shortly thereafter by National Electric Vehicle Sweden. If convicted, the trio could face up to four years in prison for their crimes under Swedish law.

Junkyard Gem: 1983 Saab 900 Turbo 4-Door Hatchback

I've been finding quite a few interesting Saabs in Colorado car graveyards lately, including a 96 and a 99 (sadly, a discarded example of a Saab 92 has eluded me — at least in the United States — so far), and now it's the turn of the factory-hot-rod Saab that gave car shoppers more horsepower per dollar than anything they could buy from Germany at the time: the 900 Turbo. I found this car a few weeks back in a yard just south of Denver. Saab sold the original version of the 900 in the United States for the 1979 through 1993 model years (after that, the 900 name went on a car based on the Opel Vectra and closely related to the Saturn L-Series), and the early 900s looked very much like their 99 ancestors. Saab was an early adopter of turbocharging, and so the 900 Turbo was available here for the entire 1979-1993 sales run. This engine, a 2-liter slant-four derived from a 1960s Triumph design (and first cousin to the engine used in the Triumph TR7), was rated at 135 horsepower in 1983. That was big power for a small car in the Late Malaise Era, and it gave the 1983 Saab 900 Turbo a power-to-weight ratio similar to what you got in the Mitsubishi Starion and Porsche 944 that year. Electronic fuel injection finally made turbocharging work well for everyday driving (though the Maserati Biturbo stuck with blow-throw Weber carburetors all the way through 1986 in the United States), and it wasn't long before TURBO became a magical word. Yes, by 1984 you had Ozone and Turbo break-dancing while Ice-T makes his film debut. A few years earlier, with the (carbureted) Turbo Trans Am's not-so-stellar reliability on display, Boogaloo Shrimp's character would have been assigned a different name. Though it's possible, based on the fact that at least one 1980s boombox was built from a Saab 900 dash, that Turbo's name was inspired by Saab. Saab should get credit for doing so much to push turbocharging into the daily-driver mainstream. You could get a three-speed Borg-Warner automatic transmission in your new 1983 Saab 900, but it added 370 bucks (about $1,075 in 2022 dollars) to the cost of the car and made it much less fun to drive. This one has the 5-speed manual; I assume the E next to fifth gear stands for "efficiency." The five-door 900 Turbo listed at $16,910 with five-speed manual, which comes to about $49,055 today. A new BMW 528e cost $23,985 that year ($69,580 now) and offered just 121 horsepower.

Spyker files $3 billion lawsuit against General Motors over Saab's demise

"Smack." That's the sound of Spyker's process server dropping a big ol' pile of legal documents on the doorstep of The Renaissance Center, home of General Motors - or wherever GM's attorneys live during business hours. Contained therein is a Complaint, filed in the U.S. District Court for the Eastern District of Michigan and demanding a jury trial, that seeks $3 billion in damages due to "the unlawful actions GM took to avoid competition with Saab Automobile in the Chinese market." Spyker accuses GM of "tortiously interfering" with Saab's business relationship with Chinese automaker Zhejiang Youngman Lotus Automobile (Youngman), actions that Spyker CEO Victor Muller (above) said "deliberately drove Saab Automobile into bankruptcy."
(From Wikipedia: "Tortious interference, also known as intentional interference with contractual relations, in the common law of torts, occurs when a person intentionally damages the plaintiff's contractual or other business relationships.")
The interference in question specifically refers to the very last potential deal, called the Framework Agreement, that Spyker worked out with Youngman. With lots of GM engineering embedded into the 9-4X and 9-5, The General had the right to approve any Saab partnership that would involve the transfer of GM intellectual property. Spyker had been rebuffed over every previous deal with a Chinese firm, including two bids by Youngman, due to GM concerns over its IP getting into Chinese hands and having to face Chinese-market competitors using its technology. The Complaint alleges that the Framework Agreement would have put a firewall around all GM IP - Youngman would only work on Saab's Phoenix platform, said to be just about free of GM tech, and would have no access to 9-3, 9-4X or 9-5 technology until after Saab ceased all ties to GM.