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Last Saab 9-3 built nets nearly $48,000 at auction

It was among the last Saabs to roll off the production line in Trollhattan, Sweden, is virtually new, and now it has a new owner. The Saab 9-3 Aero Turbo4 we told you about a month ago has sold in an auction for the equivalent of $47,789. As with anything related to the remnants of the legendary Swedish automotive brand, the backstory on this one is a little complicated, starting with the model year. Saab originally ground production to a halt in 2011. This model came about after National Electric Vehicle Sweden (NEVS) acquired the brand out of bankruptcy, and was part of a run of 420 models built starting in late 2013 before NEVS lost the rights to use the Saab name and griffin logo. It was originally set aside for crash testing, but never actually used for that purpose, and mostly sat idle inside the plant, in case NEVS restarted production of combustion vehicles. The 41 miles on the odometer came from running the car on a test track near the Trollhattan plant for photography and video purposes. It features a 2.0-liter turbo-four engine that makes 217 horsepower and 258 pound-feet of torque. It has a two-tone interior with cream leather seats and a dashboard and center console that looks like what you might expect to result from Saab's parts-sharing arrangement under the ownership of bankruptcy-era General Motors. Nowadays, NEVS has financial backing from Chinese investors and is making electric vehicles based on the 9-3 platform and body, just without any Saab badging. It continues to operate the Trollhattan plant and another in Tianjin, China, and it reportedly plans a new plant in Shanghai. NEVS also has partnered with Swedish supercar maker Koenigsegg in a venture to develop new EVs. The 9-3 buyer’s name is Claus Spaangaard. HeÂ’s a Danish car collector and car-repair shop owner who says he already owns two Saab cars. Proceeds from the auction will fund research into sustainable mobility in Sweden, NEVS says.

New owners still struggling to secure rights to use Saab name

Not to state the obvious, but if you're going to buy an automaker, it's probably advisable to secure rights to use the name.
That's what the new owners of Saab are trying to work out after buying the iconic Swedish automaker earlier this month, Automotive News reports.
National Electric Vehicle Sweden (NEVS), the Chinese-Japanese conglomerate, acquired the company's physical assets, including its factory in Trollhättan, but didn't get rights to use the Saab name and logo. Truckmaker Scania and defense company Saab AB maintain the name and logo rights, and will need to sign off on NEVS using it, according to the publication. The parties are in discussions.

Son Surprises Mom With Dream Car

We can't get enough of these dream car-reveals. Here's the latest one: A son wanted to treat his mom to the car she's had her eye on for years, but it wasn't a restored Porsche or a fancy 1957 Chevy Bel Air. This mom wanted something special – a 1973 Saab 99 EMS painted disco-fever copper. Ever since he was a kid, Corey Wadden's mom has wanted the Saab. Wadden writes on his YouTube video that she first hopped in the driver's seat of one of these odd retro rides while working as a cleaning lady. One of her clients would toss her the keys and let her move the car. She fell in love. After a year of searching and saving, this nominee for best son in the world brought his mom down to the parking lot, where her dream ride awaited. First, he handed her an envelope with a picture of the car and the keys, a dead giveaway. She quickly put two and two together, and lost it before making it to the parking lot. She is so happy and full of gratitude that she actually drops to her knees when he opens the door. Wadden writes on his page that his mom lost her job two-and-a-half years ago and hasn't had a reliable car in years. This car aims not just to get her mobile again, but lift her spirits. It's also part of the Toronto entrepreneur's promise to become a millionaire by the time he is 25 to help his mother retire. Related Gallery The Best Cars For Empty Nesters Weird Car News Saab