2002 Saab 9-5 Arc Sedan 4-door 3.0l on 2040-cars
Cypress, California, United States
Body Type:Sedan
Vehicle Title:Clear
Engine:3.0L 2961CC 181Cu. In. V6 GAS DOHC Turbocharged
Fuel Type:GAS
For Sale By:Dealer
Make: Saab
Model: 9-5
Warranty: Vehicle does NOT have an existing warranty
Trim: Arc Sedan 4-Door
Options: Sunroof, Leather Seats, CD Player
Drive Type: FWD
Safety Features: Anti-Lock Brakes, Driver Airbag, Passenger Airbag
Mileage: 96,696
Power Options: Air Conditioning, Cruise Control, Power Locks, Power Windows, Power Seats
Exterior Color: Red
Interior Color: Tan
Number of Cylinders: 6
Number of Doors: 4
2002 Saab 9-5 v6 Turbo. This is a very nice car , its a 10 . Has Michelin Tires its spot less in & out. It defiantly is a lot of car for the money, you wont wast your time if your looking for a car like this. Car Fax is no accidents also has all service records.
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Auto blog
GM denies Spyker claims in $3B Saab lawsuit
Tue, 02 Oct 2012Reuters reports General Motors has dismissed claims by Spyker outlined in a $3 billion lawsuit. Spyker alleged GM deliberately bankrupted Saab by preventing a deal with Chinese investor Zhejiang Youngman Lotus. GM, meanwhile, filed a response with the U.S. District Court for the Eastern District of Michigan saying that as the former owner of Saab, GM had the legal right to approve the deal with Youngman. But Spyker's lawsuit claimed GM's refusal to approve the deal with Youngman stemmed from the fact that the American automaker didn't want to create a competitor in China.
GM has said the issue stemmed more from the fact that it would stop licensing its technology to Saab or stop building vehicles for the manufacturer in the event it was bought by Youngman. Since Saab built its own platform that didn't use any GM tech, Spyker says that argument is meritless.
The lawsuit has Spyker seeking $3 billion in compensatory damages, though that number could swell with interest, punitive damages and legal fees, as well. Victor Muller, Spyker chief executive, has said the lawsuit is being funded by an anonymous third party. That party will share in any settlement. Youngman has refused to comment on whether or not it's footing the legal bill.
National Electric Vehicle stops Saab 9-3 production amidst financing woes
Tue, 20 May 2014It 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.
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.