2001 Saab 9-5 2.3t Wagon, Extensive Documented Service History At Saab Dealer on 2040-cars

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Saab signs deal to sell 20,000 electric cars in China

Another quarter, another gargantuan deal for National Electric Vehicle Sweden (Nevs), the Chinese-backed firm that bought the assets to Saab in 2012 and then spent two years getting out of financial trouble. The company just announced that it has agreed to a framework deal with China Volant Industry Co. (Volinco), a firm whose principal business is import and export of aerospace equipment and technologies. The tentative Volinco order is worth 8.5 billion Swedish crowns ($996 million US) for 20,000 electric cars that will be delivered between 2017 and 2020. A final purchase order is expected to be finalized later. In December, Nevs signed a deal worth $12 billion to provide 150,000 electric cars to Panda New Energy, a Chinese EV leasing company. That deal will also see Nevs provide 100,000 electric vehicle products and services to companies that Nevs works with. As with the Volinco deal, Nevs will build and paint components for its Saab 9-3 EV in Trollhattan, Sweden then ship the kits to China for final assembly. Given the number and size of its recent deals, it shouldn't be a surprise that Nevs is building a factory in Tianjin, China that will be ready in 2020. Volinco apparently plans to use the trove as company cars for employees. The final agreement will also include giving Nevs access to a range of the aerospace firm's suppliers to assist with its production plans. Nevs is also working with Dongfeng and Renesas Electronics to help develop its current and future cars. Featured Gallery 2014 Saab 9-3 News Source: Reuters Green Saab Green Automakers Electric Sedan NEVS national electric vehicle sweden

GM denies Spyker claims in $3B Saab lawsuit

Reuters reports General Motors has dismissed claims by Spyker outlined in a $3 billion lawsuit. Spyker alleged GM deliberately bankrupted Saab by preventing a deal with Chinese investor Zhejiang Youngman Lotus. GM, meanwhile, filed a response with the U.S. District Court for the Eastern District of Michigan saying that as the former owner of Saab, GM had the legal right to approve the deal with Youngman. But Spyker's lawsuit claimed GM's refusal to approve the deal with Youngman stemmed from the fact that the American automaker didn't want to create a competitor in China.
GM has said the issue stemmed more from the fact that it would stop licensing its technology to Saab or stop building vehicles for the manufacturer in the event it was bought by Youngman. Since Saab built its own platform that didn't use any GM tech, Spyker says that argument is meritless.
The lawsuit has Spyker seeking $3 billion in compensatory damages, though that number could swell with interest, punitive damages and legal fees, as well. Victor Muller, Spyker chief executive, has said the lawsuit is being funded by an anonymous third party. That party will share in any settlement. Youngman has refused to comment on whether or not it's footing the legal bill.

Future Classic: 1999-2002 Saab 9-3 Viggen

Given the company’s now-defunct status, you could argue that all Saabs are future classics. Even the final round of cars from the era of General Motors ownership deserve their place in history. Seriously, how hot was the last 9-5? Handsome design and quirky features were hallmarks of the Saab brand, and its cars felt every bit as premium as its primary European competitors. But while other luxury carmakers put great effort into full lineups of performance cars, Sweden only produced the odd sporty Saab every once in a while. One of our favorites was the 9-3 Viggen from the turn of the century, and itÂ’s a car that still makes us swoon today. Why is the Saab 9-3 Viggen a future classic? Saab's whole "born from jets" tagline never really made much sense, but at least the 9-3 Viggen's name was a nod to the company's aerospace roots. The Swedish word "Viggen" translates to "thunderbolt" in English, and this name was used on the Saab 37 Viggen aircraft that entered service in the early 1970s. MotorWeek | Retro Review: '99 Saab Viggen The 9-3 Viggen used a turbocharged 2.3-liter inline-four engine, most notably remembered for its eyebrow-raising 20 psi of boost pressure. Rated at 225 horsepower – which was later bumped up to 230 hp – and 252 pound-feet of torque, this engine was paired exclusively with a five-speed manual transmission and front-wheel drive. Stiffer suspension components, firmer dampers, stronger driveshafts, a heavy-duty clutch and a revised exhaust were also part of the package. The Viggen was relatively quick, with Saab quoting a 0-to-60-mph time of around 6.5 seconds. However, the 9-3 Viggen is largely remembered for things like its ridiculous turbo lag and torque steer – characteristics that kind of made this car hilarious to drive, even if they took away from overall sharpness and composure. What is the ideal example of the Saab 9-3 Viggen? Saab offered the 9-3 Viggen as a three-door hatchback, five-door hatchback and two-door convertible. And while this car is most commonly remembered in its launch shade, Lightning Blue, Saab offered the Viggen in black, gray, red, silver and yellow. You could even spec the interior with blue, orange or tan leather accents. Arguably the most iconic 9-3 Viggen spec is a Lightning Blue three-door hatch, but the other colors are far more rare. WeÂ’ve got a major soft spot for a Monte Carlo Yellow five-door, but really, you canÂ’t go wrong.