Saab

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Saab
Saab - Swedish car maker.
1937 Svenska Aeroplan Aktiebolaget, aircraft factory founded - SAAB then Saab.
red
1963 96
1966 First 4-stroke engine in the 95 and 96 models.
1978 Saab 900 launched.
1984 New Saab 9000 launched.
1990 GM Opel bought 50% of Saab.
1993 Saab 900 launched.
1997 Saab 9-5 replaced 9000.
1998 Saab 9-3 replaced 900.
2000 January, GM purchased the remaining 50% of Saab.
2000 July, a special 4x4 9-3 Viggen won the Pikes Peak Open class.
2001 July: New 9-5 unveiled in Europe.
2001 Aug./Sept.: 9X concept for Frankfurst Motor Show.
2009 February 20: Saab filed for reorganization, ie bankruptcy protection, as owner GM stuggled to survive and planned to reorganise and sell Saab.
2009, June 16: GM and Koenigsegg Group AB, the Swedish sports car maker, signed a preliminary agreement for the latter to buy Saab. 9 Sept., Beijing Automotive Industry Holding Co (BAIC) joined in the deal with ~€275m. But K. backed out of the deal on 24 Nov. '09.
2009, September: New 9-5 at the Frankfurt motor show.
 
2009, December 18: Failing to find a buyer, GM decided to "start an orderly wind-down of Saab." But ...
2010 January 26: The Dutch "supercar" maker, Spyker Cars N.V., struck a 12th-hour deal to buy Saab for us$74 million and form Saab Spyker Automobiles N.V.; GM also kept us$326 million in preference shares.
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