2004 Saab 9-5 Arc 2.3t 220hp At With Steering Shifter 1-owner Clean Carfax 27mpg on 2040-cars

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Saab 900 SPG is the latest Petrolicious love story

The latest video from the crew at Petrolicious covers one funky Swede - a 1989 Saab 900 SPG. Produced from 1978 to 1998, the 900 enjoyed a long history, and thanks to its iconic look, it's quickly becoming a modern classic for the off-kilter car enthusiast. The SPG, short for Special Performance Group, makes this a particularly rare find, with owner Jordan Melville saying, "I didn't even realize what I had at the time."
Melville gives a rundown of his life with the 900 and his passion for Saab overall, even reflecting on that dark day that saw the Swedish brand closed its doors. As always, the videography is excellent and the story is intriguing in this latest video from Petrolicious. You can view the entire video down below.

Saab's latest Chinese owners facing their own credit woes

Poor Saab, it can't seem to get a break. General Motors couldn't seem to make a go of it, neither could Spyker, and now it seems that its latest owner is encountering some problems of its own.
That owner, of course, is National Electric Vehicle Sweden, a Swedish holding company owned by Chinese investors. NEVS recently restarted production at the Saab plant in Trollhättan, Sweden, and had some ambitious plans for the brand's revival, but it appears to have run out of cash.
This according to a report in The Wall Street Journal, which discovered that NEVS is having trouble paying its suppliers. One such supplier, called Labo Test, has reportedly been owed some $22,000 by NEVS since February, and without payment, petitioned the Swedish government to place NEVS into bankruptcy proceedings. If that seems a little extreme to you over twenty-two grand, it would seem the parties agree, as the petition has reportedly since been withdrawn.

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