1999 Saab 95 One Owner 53k Non Smoker on 2040-cars

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Mahindra buying majority stake in NEVS, Saab saved again?

National Electric Vehicle Sweden (NEVS), owner of Saab, might not be dead yet, because the company is reportedly close to having a new owner with deeper pockets in near future. The declaration comes from the business's latest request to prolong its reorganization and includes the claim that NEVS has a signed letter of intent from an unnamed Asian automaker to take majority ownership of the beleaguered brand. While NEVS doesn't specifically name this potential, future owner in its filing, Automotive News Europe cites a SaabsUnited story proclaiming that the suitor is none other than Indian automaker Mahindra and Mahindra, a development that would confirm months of rumors. The Swedish automaker is reportedly just waiting for the majority investment to be finalized before making an official announcement, and the whole purchase could be complete by February. NEVS also claims that it's still negotiating with a separate, unnamed Asian automaker on a joint venture to co-develop new vehicles. Assuming the deal goes through, the new owner could regain the rights to the Saab brand, too. According to ANE, negotiations are underway with the Saab AB aerospace business to be able to use the trademark again. NEVS lost that right when it filed for reorganization. Mahindra has shown interest in owning Saab for quite some time. It was reportedly among the final three bidders for the brand in 2012, and the Indian automaker was allegedly eyeing a stake in NEVS as far back as June. Scroll down to read the brief press release from NEVS about the extended reorganization, and the full document can be viewed in PDF format, here. Nevs applies for prolonged reorganization Monday, December 01, 2014 National Electric Vehicle Sweden, Nevs, has today submitted an application to the District Court in Vanersborg, requesting that the company reorganisation shall continue for an additional time period of three months. The administrator Lars Eric Gustafsson expresses the rationale for why Nevs should be granted an extended reorganization in this enclosed statement.

Junkyard Gem: 1987 Saab 900 4-Door Sedan

Saab sold the original 900 in the United States from the 1979 through 1993 model years (followed by another few years of Opel Vectra-based 900s), and most of the 900s you'll find today are the higher-end models with 16-valve engines and/or turbochargers. Last year in this series, we saw a 900 Turbo and a 900 Turbo Convertible in Colorado car graveyards, and now it's time to take a look at a used-up Colorado 900 with the base 8-valve engine and few extras. The cheapest new 1987 Saab available here was the base three-door hatchback with 5-speed manual transmission, which had an MSRP of $14,395 (about $39,497 in 2023 dollars). If you wanted a new 900 with four doors that year, the price of admission started at $14,805 ($40,622 after inflation). That's the car we've got here. The engine is a 2.0-liter SOHC slant-four, the direct descendant of the engine originally developed in partnership with Triumph for use in the Saab 99 and Triumph Dolomite. The Triumph TR7 used members of this engine family as well. This engine was rated at 110 horsepower and 118 pound-feet. The naturally-aspirated 16-valve version in the '87 900S made 125 horses, while the 900 Turbo had 160 horsepower. The automatic transmission cost an extra $430 (about $1,180 now); most 900 buyers chose the five-on-the-floor manual. In fact, I have never documented a junked 1979-1993 Saab 900 with an automatic. This one came close to the 175,000-mile mark during its life. The paint is somewhat faded, but the interior looks good for a car this age. Its owner or owners took good care of it. The body has a few dents but no rust worth mentioning. If it had been a 900S or a 900 Turbo, it would have had a better chance of avoiding this fate. Saab's innovative technology for 1987 starts at around $15,000 and goes up to the $20,000,000 Viggen (the fighter plane, not the later hot-rod 9-3 that borrowed the Viggen name).

NEVS Sango autonomous shuttle rises from the ashes of Saab

National Electric Vehicles Sweden (NEVS), the company that purchased Saab's bankrupt carcass in 2012, has introduced an autonomous ride-sharing shuttle named Sango and announced plans to test it in real-world conditions. It also outlined a system named PONS that will allow operators and riders to connect with the shuttle. Saab famously claimed its cars were born from jets, but the Sango looks more like something you'd find in a store that sells small kitchen appliances than on an aircraft carrier sailing across the Atlantic. It wasn't designed to go fast, or to deliver engaging handling. Stylists intentionally gave it a boxy silhouette to maximize interior space and let operators offer three cabin configurations called private, social, and family, respectively. Its six seats can be moved around and rotated as needed, and the passengers can raise privacy walls if they don't feel like socializing with fellow riders. The shuttle's seating capacity drops to four with the walls raised. Chinese technology firm AutoX provided the Sango's self-driving hardware and software, though NEVS pointed out its shuttle is modular enough to use any autonomous system on the market. This is a wise strategy that widens its target audience. Operators will in theory be able to choose whether they want to purchase a turn-key self-driving shuttle or buy the basic structure and stuff their own technology into it. NEVS grouped the app customers will use to request a ride and a fleet management system into a software package it named PONS. Technical specifications haven't been released. All we know is that it's electric. NEVS confidently stated autonomous shuttles are closer to the mainstream than many think. "Getting from A to B with self-driving electric vehicles is not as far off as perhaps the car industry is implying. The era of one person per car and the era of owning a car are soon things of the past," opined Anna Haupt, the company's vice president of mobility solutions, in a statement. Engineers have started testing the first running Sango prototype at NEVS' headquarters in Trollhattan, Sweden. Looking ahead, the company plans to deploy a fleet of 10 autonomous shuttles in Stockholm, where they will be used by members of the general public. Autoblog learned from a company representative that testing will probably start in 2022, and that the firm is taking COVID-19-related concerns into account.