Saab - egmCarTech

Saab working on new concept car that will hint at future compact car

Posted: Nov 07, 2009

Filed under: Hybrids, Green News, Industry News, Saab

According to Saab’s Director of Global Operations Knut Simonsson, the Swedish automaker is working on a new concept car that will hint at a future small model for the brand.
“It’s going to be very important and will indicate what the Saab message is going to be,” Simonsson said.
The concept will make its debut within the [...]

Continue Reading

Fritz Henderson owns a Chevy Camaro, 2005 Corvette, Saab 9-3 Aero Convertible

Posted: Oct 12, 2009

Filed under: Chevrolet, GM, Industry News, Saab

During a live chat session with General Motors Company’s CEO Fritz Henderson last week on GM’s FastLane Blog, the head of the Detroit automaker was asked what cars he has in his garage right now.
Fritz replied that he owns a “Camaro, my 2005 corvette and a Saab 9-3 Aero Convertible.” Henderson did not specify which [...]

Continue Reading

Sweden guarantees $600 million loan to Koenigsegg for Saab

Posted: Oct 09, 2009

Filed under: GM, Industry News, Saab

Swedish automaker Koenigsegg has secured what it needs to make Saab an all Sweden affair once again, courtesy of the Swedish government. The government of Sweden has guaranteed a $600 million dollar loan from the European Investment Bank, which is scheduled to make a final decision regarding the loan by the 21st of October.
A [...]

Continue Reading

2009 Frankfurt: 2010 Saab 9-5 is slowly becoming our favorite Saab

Posted: Sep 16, 2009

Filed under: 2010 Releases, Auto Shows, Saab

- Key Competitors: Volvo S80, Acura TL, Cadillac STS.
- Engine: 2.0L 4-cylinder turbo diesel rated at 160-hp; 2.0L 4-cylinder turbo gasoline rated at 220-hp; 2.8L V6 turbo gasoline rated at 300-hp/295 lb-ft of torque.
- Transmission: 6-speed automatic.
- Fuel-Economy: TBA.
- Pricing: TBA. Will go on sale in 2010.
The new 2010 Saab 9-5 is here and is [...]

Continue Reading

2010 Saab 9-5 hybrid version in the works

Posted: Sep 10, 2009

Filed under: Hybrids, Green News, Industry News, Saab

According to a report by AutoCar, Saab is already working on a hybrid version of the new 9-5 sedan. The hybrid version will use a small petrol engine backed up by an electric motor in an effort to increase fuel-economy and cut emissions.
Saab is working on a new 120-hp turbocharged 1.4L gasoline engine that will [...]

Continue Reading

China’s Beijing Automotive buys stake in Koenigsegg to help complete Saab purchase

Posted: Sep 09, 2009

Filed under: GM, Industry News, Saab

Just last month, Koenigsegg Group AB and General Motors Company signed a stock purchase agreement will give Koenigsegg 100 percent control of Saab. Koenigsegg announced today that China’s Beijing Automotive Industry Holdings Co. (BAIC) has signed a deal to take a stake in Koenigsegg to help finance the bid to take over Saab from GM.
“Under the [...]

Continue Reading

2010 Saab 9-5 will kick off a new era for the brand at Frankfurt

Posted: Aug 27, 2009

Filed under: 2010 Releases, Auto Shows, GM, Saab

Just last week, General Motors released a statement that it has reached a deal with Koenigsegg that will give the small Swedish supercar maker 100 percent control of Saab after “closing conditions” are agreed upon. The new 9-5 will play an important role in a product offensive that Koenigsegg plans to announce once its purchases the brand.
“This [...]

Continue Reading

GM, Koenigsegg sign stock purchasing agreement regarding Saab sale

Posted: Aug 18, 2009

Filed under: GM, Industry News, Saab

General Motors confirmed today that it has signed a conditional deal to sell its Saab brand to luxury supercar manufacturer Koenigsegg. The stock purchase agreement will give Koenigsegg 100 percent control of Saab after “closing conditions” are agreed upon.
Along with support and guarantees from the Swedish government , Saab will get assistance from GM since it is about [...]

Continue Reading

North American investor sells 22% stake in Koenigsegg, Saab deal will continue

Posted: Aug 11, 2009

Filed under: GM, Industry News, Saab

North American investor Mark Bishop sold 22 percent of his stake in Koenigsegg, the luxury supercar automaker that plans to take the Saab brand off of GM’s hands. According to Swedish business daily Dagens Industri, Bishop had the second-largest stake in the company.
“A new owner has taken over his shares and the negotiations between General Motors [...]

Continue Reading

Leaked: 2010 Saab 9-5 makes an early debut

Posted: Jul 22, 2009

Filed under: 2010 Releases, Saab

The embargo on the 2010 Saab 9-5 has apparently been broken, and all the leaked images are out via AutoBild. We don’t have any technical details as of yet but we’ll be sure to update you as soon as we get them (along with better high-res photos). Stay tuned.
Click through for more images.
2010 Saab 9-5 [...]