Rare 2003 Saab 9-3 Vector Sedan 4-door 2.0l on 2040-cars

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Spyker and Youngman sign deal, plan to build D8 SUV and Phoenix-based range

It appears Spyker is strengthen its ties and carmaking ability with Chinese carmaker Youngman. This comes in the wake of the brand's latest dealings with a $3 billion lawsuit against General Motors regarding the demise of Saab.
Youngman is reportedly investing €10,000,000 ($12.5M USD) for a 29.9-percent stake in the company. The shares are being sold for €0.05 (6.3 cents) each, representing a fully diluted share. Youngman has said it will not take on more than the 29.9-percent stake.
Additionally, Youngman will invest €25,000,000 ($31M) for the development of an all-new Spyker vehicle, called the D8 P2P, named for the Peking-to-Paris rally. The vehicle had been shown as a concept by Spyker previously, but things had been quiet since then. It appears Spyker will now build the uniquely styled D8 Concept shown above. The vehicle is to launch at the end of 2014 and carry a price of $250,000 per vehicle.

Motorweek looks back at 1983 Saab 900S

These days, Saab is a zombie marque. Technically, the brand is still shambling around under the ownership of National Electric Vehicle Sweden, and there are continued promises of an electric version of the 9-3. However, we all suspect that the company is never really coming back, at least not as the quirky Swedish brand of the past. That's what makes watching this latest Retro Review of John Davis and the Motorweek crew driving a non-turbo 1983 Saab 900S so special. This is a great chance to see Saab still alive and kicking. While not one of the more famous turbocharged examples, the naturally aspirated 900S is still a quintessential Saab in every other way. The reviewers definitely aren't sold on the looks though, and there are plenty of jokes at its expense. Although, only paying attention to the polarizing exterior styling makes missing the good handling and immense interior utility easy. Sadly, without the aid of forced induction, the 900 offers very lackadaisical acceleration. According to this clip, the sprint to 60 miles per hour is more of jog in a leisurely 12.2 seconds. At the brand's best, Saab provided the motoring world with an alternative. If you didn't want just another boxy sedan, the brand offered something like nothing else on the road. Plus, drivers found a well-tuned turbocharged engine that provided good performance for the day. It's a company worth remembering, despite the current state of things.

National Electric Vehicle stops Saab 9-3 production amidst financing woes

It seems that quirky, Swedish automaker Saab might be on life support yet again. Its owner, National Electric Vehicle Sweden, has announced that it's reducing its workforce and temporarily halting production of the 9-3 due to financial problems. NEVS was only building six cars a day, anyway.
The company put out a press release admitting its economic woes, but it still appeared hopeful. NEVS claims it's developing "a new platform on the Phoenix architecture," and it has a frame agreement with an international automotive OEM. It didn't give any specific details about either one of these assertions though. According to The Wall Street Journal, NEVS needs the partnership to lower development costs in order to stay afloat. Saab spokesperson Mikael Ostlund told Autoblog in an email that the stop in production of the 9-3 in Trollhättan would last four weeks.
NEVS says it's in negotiation to sell a portion of the company to an automotive company. Its current monetary woes are caused by shareholder Qingbo Investment Company not financing the company as agreed. "We plan to have the results of the discussions at latest during June," said Ostlund.