93 Saab 900s Convertible !!!!classic Style!!! !!!!no Reserve!!!! on 2040-cars

Auto blog

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.

GM SUV window switch recall urges owners to park vehicles outside

It's not unusual for there to be a lag between an automaker announcing a recall and the official documentation showing up on the National Highway Traffic Safety Administration website. So it's no surprise that a recent GM campaign took about a month to appear in its official capacity. However, there appears to be some big differences between the two reports with potential safety implications.
In late June, GM announced that it needed to recall 181,984 examples of the Chevrolet Trailblazer, Buick Rainier, GMC Envoy, Isuzu Ascender and Saab 9-7x from the 2005-2007 model years, plus the 2006 Chevy Trailblazer EXT and 2006 GMC Envoy XL. The new documents paint a slightly different picture with 184,611 needing repaired and different model years listed.
The reason for the fix is still the same, though. It's possible for fluid to contact the master power window switch module in the driver's door, which can corrode the part. Eventually this could cause a short circuit, leaving the buttons inoperable and potentially leading to a fire. But the new NHTSA documents add an important note: "A fire could occur even while the vehicle is not in use. As a precaution, owners are advised to park outside until the remedy has been made."

Spyker to appeal dismissal of Saab lawsuit against GM

It seems as if Spyker CEO Victor Muller has made a decision on whether or not to pursue a legal battle between his company and General Motors. Spyker has announced it will appeal a US District Court decision to throw out the company's lawsuit against GM. As you may recall, on June 10 Judge Gershwin Drain ruled tht GM had a right to approve or disapprove Spyker's sale of Saab to Zhejiang Youngman Lotus Automobile. Spyker sued GM for some $3 billion, claiming that the American automaker had forced Saab into bankruptcy by stopping Spyker from transferring intellectual property to its Chinese partner.
Spyker has said only that it plans to appeal the decision. Until now, the company has been silent about the ruling. GM, meanwhile, has said it is pleased with the original outcome. You can read the quick Spyker press release below for more information.