2001 Saab 9-5 Aero Sedan Fuel Flex Stage 1 Jzw 74k on 2040-cars

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National Electric Vehicle stops Saab 9-3 production amidst financing woes

It seems that quirky, Swedish automaker Saab might be on life support yet again. Its owner, National Electric Vehicle Sweden, has announced that it's reducing its workforce and temporarily halting production of the 9-3 due to financial problems. NEVS was only building six cars a day, anyway.
The company put out a press release admitting its economic woes, but it still appeared hopeful. NEVS claims it's developing "a new platform on the Phoenix architecture," and it has a frame agreement with an international automotive OEM. It didn't give any specific details about either one of these assertions though. According to The Wall Street Journal, NEVS needs the partnership to lower development costs in order to stay afloat. Saab spokesperson Mikael Ostlund told Autoblog in an email that the stop in production of the 9-3 in Trollhättan would last four weeks.
NEVS says it's in negotiation to sell a portion of the company to an automotive company. Its current monetary woes are caused by shareholder Qingbo Investment Company not financing the company as agreed. "We plan to have the results of the discussions at latest during June," said Ostlund.

Rare 9-5 SportCombi, 9-4X models being sold off in Saab asset auction

Saab lovers take notice. Swedish auction house KVD has some ultra rare Saab products on the block, and we're not talking about a 1950s Saab 92. Up for auction are a bunch of low-mileage Saab models being sold off as part of the bankrupted automaker's assets. Included in the lot of cars are models like the 2012 9-5 SportCombi (above), the 2012 9-4X (shown below) and even a 9-5 sedan driven by Victor Muller himself.
Discovered by PistonHeads, this Saab auction has numerous 9-5 SportCombi and 9-4X models, which should prove to be very rare cars. Only a small number of 9-4Xs were ever sold, and Saab closed up shop before the 9-5 SportCombi could even go on sale here. In addition to the rarity, many of the cars have fewer than 10 miles on their odometers and seemingly low reserve prices; a 9-4X 3.0 XWD Premium with just six miles has a current bid of 180,000 Swedish Krona (just over $27,000 USD) that has already met the reserve price. Some of the cars still have the protective factory shipping tape covering up the interior and exterior.
Other than the rare SportCombis and 9-4Xs being auctioned off, there's also a sharp 2012 9-3 Cabriolet with 11 miles on the clock and a V8-powered 2006 Saab 9-7X with just 3,003 miles.

Saab to reintroduce 9-3 SportCombi as Phoenix development continues

The saga of Saab goes to show that you can't keep a good automaker down. Founded back in 1947 (the same year, incidentally, as Ferrari, TVR and Maserati defector OSCA), Saab split off from its aerospace division, merged with Scania trucks, was subsequently picked up by General Motors, then pawned off onto Spyker before its current Chinese owners brought it back out of bankruptcy. Now under the auspices of National Electric Vehicle Sweden (NEVS), Saab has official restarted production of the 9-3 sedan, but what are its plans for the future?
In correspondence with Autoblog, NEVS communications director Mikael Ostlund gave us an idea of what to expect. First of all, NEVS is living up to its name by launching an electric version of the 9-3. As we reported a couple of weeks ago, the 9-3 EV currently is undergoing a pilot launch in the Chinese city of Qingdao (which owns part of NEVS) before being rolled out in other markets around the world. But that's not all NEVS has planned for Saab.
The reborn Swedish automaker also plans to relaunch the 9-3 SportCombi to supplement the 9-3 sedan. The wagon version was part of the second-gen 9-3's rollout in the early 2000s, offering increased cargo space and versatility - particularly vital since GM had seen it fit to replace the previous hatchback bodystyle favored by the brand faithful with a more traditional trunked form to lure new buyers into the fold. Although Ostlund confirmed that NEVS has "the option of adding the convertible" back into the lineup, nut has yet to decide on if and when it will do so.