Saab 9-3 Se Convertible Stunning Md. State Inspected Low Reserve!!!! on 2040-cars

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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little extreme to you over twenty-two grand, it would seem the parties agree, as the petition has reportedly since been withdrawn.

2014 Saab 9-3 officially relaunched, reborn

Saab is officially building cars again. Production of the 9-3 Sedan has kicked back off in Trollhättan, Sweden, and the first example is reportedly earmarked for the company's museum. Initial sales are targeted for China, although Swedish customers will also be able to buy new Saabs built in their country right away, too. It isn't immediately clear if the model will be available in the rest of Europe, let alone in North America.
The initial run of 9-3s will be powered by a 220-horsepower, 2.0-liter turbocharged four-cylinder before an electric model joins the range next year. There are no Biopower or XWD all-wheel-drive models presently in production. And while the lion's share of the 2014 9-3 is a carryover from the pre-bankruptcy car, there are some changes, including a new anti-whiplash seat system and a "greater number of non-GM parts," reports SaabsUnited.
"I am very proud of the dedication and the focus that NEVS management and employees have demonstrated over the year that has passed since we became owners of the plant in Trollhättan, and who have made this possible. Swedish expertise along with Japanese technology around batteries and new lightweight materials and our Chinese group's focus on green technology is our strength for the future," said Kai Johan Jiang, the founder of Saab's parent company, National Electric Vehicle Sweden.

Vampire Weekend burns for Saab

Or is it the other way around?
Could Vampire Weekend be trying to tell me something? A just-launched music video for the indie rock band's new single Diane Young features what looks like a pretty mint black Saab 900 Turbo Convertible being torched in slow-motion. In fact, with the exception of a brief, flickering cameo by a 900 three-door of a similar vintage, that's all that there is to the nearly three-minute long video. It's both sad and oddly beautiful.
Coincidentally, I have a similar-looking turbocharged black Saab convertible sitting in my garage, and I've been reluctantly pondering its sale this very week. Admittedly, mine is a later model (2001 9-3 Viggen), but tri-spokes and more tapered rump aside, it looks eerily identical. And while mine isn't mired in flames (I love it too much to torch it), through no fault of its own, it's been sitting motionless far too regularly. Thankfully, I see a better future for it than the droptop seen above.