Saab 900 Turbo on 2040-cars
Timberville, Virginia, United States
Vehicle Title:Clear
Options: Sunroof, Leather Seats, CD Player
Model: 900
Power Options: Cruise Control, Power Windows
Mileage: 150,000
Trim: Black
Exterior Color: Black
Interior Color: Tan
Drive Type: 5 speed
Up for EBay auction a CLASSIC Black 1991 Saab 900 Turbo Hatchback. I’ve ALWAYSED Loved this car’s body style! VIN #YS3AC35L9L5005150. I’ve owned this car for two years and work with the previous owner of three years. The current odometer reading is 89,602, (the odometer has been replaced and the real estimate mileage is 150k. I have the original odometer. These odometer readings have been legally recorded with VA state laws). The motor and TURBO run very strong, and does not exhaust smoke. Recent repairs included by a qualified Saab dealer in Charlottesville VA, engine mount replaced, and brake pads replaced. The car has good Yokahama AVID TRZ tires. The TAN leather interior is in very good shape for a car of this age. The car has a valid Virginia inspection. More photos cane ne found at http://www.flickr.com/photos/66033933@N02/. Got questions call me Bart May at 540-241-0083.Known problems; the AC does not get cold, rear hatch lever sticks, gas gauge just recently quit registering, interior headliner needs replacing. The buyer will need to provide a certified check within 24 hours of the auctions. The car is to be picked up in Timberville VA 22853. The car is AS with no warranty. VA buyer to pay a 5% state tax.
Saab 900 for Sale
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Auto blog
Spyker files $3 billion lawsuit against General Motors over Saab's demise
Mon, 06 Aug 2012"Smack." That's the sound of Spyker's process server dropping a big ol' pile of legal documents on the doorstep of The Renaissance Center, home of General Motors - or wherever GM's attorneys live during business hours. Contained therein is a Complaint, filed in the U.S. District Court for the Eastern District of Michigan and demanding a jury trial, that seeks $3 billion in damages due to "the unlawful actions GM took to avoid competition with Saab Automobile in the Chinese market." Spyker accuses GM of "tortiously interfering" with Saab's business relationship with Chinese automaker Zhejiang Youngman Lotus Automobile (Youngman), actions that Spyker CEO Victor Muller (above) said "deliberately drove Saab Automobile into bankruptcy."
(From Wikipedia: "Tortious interference, also known as intentional interference with contractual relations, in the common law of torts, occurs when a person intentionally damages the plaintiff's contractual or other business relationships.")
The interference in question specifically refers to the very last potential deal, called the Framework Agreement, that Spyker worked out with Youngman. With lots of GM engineering embedded into the 9-4X and 9-5, The General had the right to approve any Saab partnership that would involve the transfer of GM intellectual property. Spyker had been rebuffed over every previous deal with a Chinese firm, including two bids by Youngman, due to GM concerns over its IP getting into Chinese hands and having to face Chinese-market competitors using its technology. The Complaint alleges that the Framework Agreement would have put a firewall around all GM IP - Youngman would only work on Saab's Phoenix platform, said to be just about free of GM tech, and would have no access to 9-3, 9-4X or 9-5 technology until after Saab ceased all ties to GM.
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...
Court extends Saab reorganization bid until end of November
Fri, 10 Oct 2014Saab parent company National Electric Vehicle Sweden refuses to go down without a fight. After a recent trip to court, the company is emerging with an extension on its reorganization until November 29. According to Europe Online Magazine, there's also an appointed committee of creditors and union representatives to monitor NEVS' restructuring process.
NEVS still isn't giving up hope of saving itself, and the company claims there are has two potential strategies for getting back on its feet. The main plan is to "finalize the negotiations with the two Asian automotive manufacturers," according to a press release. Those firms still aren't identified, but Mahindra may be involved. According to Europe Online Magazine, one of the businesses is looking to take partial ownership of NEVS, and the other is considering some sort of cooperation with it.
If that plan fails, the second option is to take advantage of the factory and become a contract manufacturer.