Saab 1991 Convertible Turbo Special Edition! Amazing Condition! on 2040-cars

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NEVS completes Saab purchase, earns right to brand name but not griffin badge

According to the Associated Press, a Hong Kong-based concern is close to building new Saab models. After some delays, National Electric Vehicle Sweden (NEVS) has completed the purchase of bankrupt Swedish automaker Saab.
NEVS says it plans to debut an electric vehicle in about 18 months. When the car comes to market, it will wear the Saab name, but not the marque's well-known griffin logo. Reuters reports that the company will produce EVs based on the Saab 9-3 platform, with intentions to sell these vehicles primarily in the Chinese market. Due to the continued use of the distinctive griffin head logo by commercial truckmaker Scania and the Saab aerospace group, NEVS was only granted access to the Saab name, not its emblem.

Court extends Saab reorganization bid until end of November

Saab parent company National Electric Vehicle Sweden refuses to go down without a fight. After a recent trip to court, the company is emerging with an extension on its reorganization until November 29. According to Europe Online Magazine, there's also an appointed committee of creditors and union representatives to monitor NEVS' restructuring process.
NEVS still isn't giving up hope of saving itself, and the company claims there are has two potential strategies for getting back on its feet. The main plan is to "finalize the negotiations with the two Asian automotive manufacturers," according to a press release. Those firms still aren't identified, but Mahindra may be involved. According to Europe Online Magazine, one of the businesses is looking to take partial ownership of NEVS, and the other is considering some sort of cooperation with it.
If that plan fails, the second option is to take advantage of the factory and become a contract manufacturer.

Junkyard Gem: 1989 Saab 900 Turbo Convertible

I live in Colorado, where Saabs were loved deeply by residents going way back to the 96 (and I'm sure a few 92s were sold here in the 1950s, though I haven't found any in local car graveyards … yet). By far the easiest pre-GM Trollhattanites to find in Centennial State wrecking yards these days are the 1978-1993 900s, and I walk by a half-dozen for each one that I document as a Junkyard Gem. We admired a gloriously brown 900 Turbo two-door a few months back, but today's 900 Turbo is an extremely rare cabriolet version, the first I've found in a boneyard in at least 15 years. The convertible 900 was available only as a turbocharged version in the United States when it was introduced for the 1986 model year, and that continued through 1991. After that, a naturally-aspirated 900 convertible could be bought here. When in very nice condition, these cars can bring tidy sums. A super-low-mile '87 900 Turbo convertible just sold for $145,000 recently, in fact. This car has more than 843 times as many miles on the odometer as that car, however, and it shows every one of them. It's not terribly rusty, considering, but the sheet metal shows many battle scars, and the interior is about what you'd expect with 33-year-old leather. Last year's film adaptation of Haruki Murakami's short story, "Drive My Car," put the Saab 900 Turbo back into mainstream cultural awareness. However, that car is a two-door sedan; the best-known Saab 900 Turbo Convertible in cinema history is the one driven by Iben Hjelje's character in the film adaptation of the Nick Hornby novel, "High Fidelity." These cars were fairly quick for their time, with 160 horsepower from this DOHC 2.0-liter straight-four in 1989. Having seen more than my share of 900 Turbos going up against same-era BMW E30s and Acura Integras on road courses, I'd put my money on the Saab in a wheel-to-wheel race (that is, in a race short enough to keep the Swede's nervous engine alive). While a three-speed automatic was available on this car, the kind of Americans odd enough to buy Saabs in 1989 also tended to be the type that wanted manual transmissions. In fact, I can't recall ever seeing a (non-Opel-based) 900 with a slushbox. Yes, Opel! Starting in the 1994 model year, the 900 name went on a car based on the Opel Vectra platform. Later on, the Saab 9-5 and Saturn L-Series lived on the same chassis. Given all the luxury features and genuine performance, this car was a pretty good value for the price in 1989.