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Peabody, Massachusetts, United States
Saab 9-5 for Sale
- 2004 saab 9-5 arc 2.3turbo *5 spd*leather*black*htd sts*(US $5,750.00)
- 2003 saab 9-5 linear wagon 4-door 2.3l
- 1998 saab 9-5 turbo 4 dr automatic(US $3,000.00)
- 2001 saab 9-5 turbo 4 dr automatic wagon(US $3,900.00)
- 2002 saab 9-5 ~165k silver auto needs engine work - mechanic's special(US $950.00)
- 2001 saab 9-5 2.3t sedan 4-door 2.3l(US $3,600.00)
Auto Services in Massachusetts
Woodings Garage Volkswagen & Audi Service & Repair ★★★★★
Tom Public Auto Sales ★★★★★
Tire Depot & Auto Repair ★★★★★
Shaw Saab ★★★★★
Schlager`s Towing ★★★★★
Ross Motor Parts Co ★★★★★
Auto blog
NEVS mulling electric Saab 9-3 convertible, looking for engine partners, too
Wed, 14 Nov 2012Do you believe in reincarnation? Like how we hope that, maybe, all of our hard work as auto writers will result in an eventual return as a swarm of beautiful butterflies. If you are a Saab fan, the equivalent could be this bit of news: The 9-3 Convertible may rise again, as an electric vehicle.
Word comes from the Dutch version of Autoweek that Chinese entity National Electric Vehicle Sweden (NEVS) has indicated that it will bring an electric version of the 9-3 Convertible to market in the next 18 months. The EV droptop would first debut in the Chinese market, but could expand, as could the lineup to other 9-3 variants, such as the sedan and SportCombi. A NEVS spokesperson has stated, "NEVS basically no doors holds." We're not sure if that's the spokesperson or the translation from the Dutch report, but you get the gist.
NEVS also indicated that conventionally powered versions of the 9-3 could be produced as well. The internal combustion engines could be the originally intended General Motors engines. Regardless of powerplant, we would be very eager to see Saab return, potentially as an EV to boot!
Saab 9-3 production has restarted
Sun, 01 Dec 2013If you're one of the small cadre of Saab drivers, first of all, kudos to you. Because as Top Gear pointed out, Saab drivers are among the most intellectual drivers out there. Secondly, we've got good news for you, because the 9-3 has officially resumed production at the Trollhättan plant in Sweden.
For those of you who may not have followed the story, a quick refresher: Founded in 1947, Saab Automobile AB was an independent automaker until 1989 when General Motors began the decade-long process acquiring it. Unable to make it profitable, GM sold Saab to Spyker in 2010, but that Dutch automaker proved unable to make a go of it, either, and finally shut it down a year later. Much of Saab's assets were acquired by National Electric Vehicle Sweden, which in turn is partially owned by the Chinese city of Qingdao, which pledged to get production back online by the end of the year.
NEVS has apparently made good on its promise, bringing 600 workers back to the factory to resume production of the 9-3 much as it was when a workforce of 3,500 labored on it and its stablemates prior to the bankruptcy. The reborn 9-3 will be sold in Sweden and in China, with an electric version to bring some other updates sometime next year.
Saab US bankruptcy plan gets legal green-light
Thu, 18 Jul 2013It feels utterly bizarre that we're still talking about Saab, but Reuters is reporting that the bankrupt Swedish manufacturer's American arm has gotten approval from the US Bankruptcy Court to liquidate its assets and pay back creditors. As part of the plan, secured creditors like Ally Financial will receive full repayment. Unsecured creditors, consisting of those affected by abandoned leases and contracts will get anywhere from 25 to 82 percent of their money back.
There are currently $77 million in unsecured claims, according to Reuters, but that number doesn't include claims from former Saab dealers. Naturally, the entire affair is full of lawyers and legalese. A trust formed on the Saab side will be negotiating with creditors and their affiliates in an attempt to reduce claims against Saab. This sounds like the start of a long and sordid affair...