1-owner! Clean Carfax! Leather! Sunroof! Tiptronic! Onstar! on 2040-cars
Philadelphia, Pennsylvania, United States
For Sale By:Dealer
Transmission:Automatic
Body Type:Wagon
Vehicle Title:Clear
Engine:2.3L 2290CC 140Cu. In. l4 GAS DOHC Turbocharged
Safety Features: Anti-Lock Brakes, Driver Airbag, Passenger Airbag, Side Airbags, Electronic Stability Program (ESP), Saab Active Head Restraints (SAHR)
Sub Model: Arc Wagon 2.3T Turbo
Power Options: Air Conditioning, Cruise Control, Power Locks, Power Windows, Universal Remote Transmitter, Power Heated Mirrors
Exterior Color: Smoke Beige Metallic
Interior Color: Sand Beige
Number of Cylinders: 4
Year: 2005
Make: Saab
Model: 9-5
Warranty: Unspecified
Trim: Luxury Wagon 4D
Options: Sunroof, Cassette Player, CD Player, Heated Leather Seats, Turbocharged, Roof Rack, Fog Lights, OnStar
Drive Type: FWD
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Auto Services in Pennsylvania
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What brands have Saab owners defected to? Polk investigates
Sun, 02 Sep 2012When a brand goes belly-up, it's natural for analysts to wonder where that brand's consumers will turn. General Motors has mothballed more car brands the last decade than most other automakers' have in their entire portfolios, so "Where did [insert brand here] buyers go?" has been a common question asked of The General. According to reports, it didn't do so well at retaining Oldsmobile owners (who supposedly went to Hyundai), or Hummer and Saturn buyers, but did get some return love from Pontiac owners.
A consultant with Polk has turned the loyalty lens on Saab. The Polk Disposal Loyalty Methodology tracks owners selling vehicles within six months of buying a new one. In 2010 and 2011, Polk found that when Saab died, owners went right up the middle of the mainstream to Honda. It was close, though, with just 0.2 percent separating Honda from number two Volkswagen. Audi comes in third.
After that it's back to the masses with Toyota, Chevrolet and Ford trumping import luxury brands. And if you combine all of the General Motors brands that Saab owners have migrated to, GM more than doubles Honda with a 15.2-percent share, so all the love is not lost.
Spyker's $3B lawsuit against GM for blocking Saab sale thrown out
Tue, 11 Jun 2013US District Judge Gershwin Drain has dismissed a $3-billion lawsuit Spyker filed against General Motors. In the suit, Spyker accused GM of attempting to bankrupt Saab after the US automaker had already sold the company to Spyker. GM in effect blocked the sale of Saab to China's Zhejiang Youngman Lotus Automobile Company by prohibiting the transfer of some of its intellectual property. But the court found that GM had a "contractual right" to approve or disapprove any change of ownership. Furthermore, Reuters reports Judge Drain said the contract between GM and Spyker "is clear, unambiguous and absolute" on the matter.
GM, meanwhile, says it is pleased with the ruling. Spyker CEO Victor Muller has not said whether or not his company will appeal the ruling. The Dutch automaker is expected to make a final decision once the court issues its written order on the case.
You can read the official Spyker press release about the court ruling below for more information.
3 former Saab execs charged with tax evasion
Mon, 20 May 2013The Associated Press reports three former Saab executives have been arrested on charges of accounting fraud. Swedish prosecutor Olof Sahlgren has refused to identify the individuals, but says they're suspected of attempting to evade taxes by falsifying Saab accounts between 2010 and 2011 during the Spyker years. Other reports indicate the parties involved include former General Counsel to Saab Kristina Geers (seen to the left of former CEO Victor Muller, above), a 15-year-veteran of the company - her husband, Eric, was the company's communications director for 9 years as well.
Saab filed for bankruptcy in 2011, and was purchased shortly thereafter by National Electric Vehicle Sweden. If convicted, the trio could face up to four years in prison for their crimes under Swedish law.