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. 23/2/2010, the deal was finalized.
 
2011: The Saab '9-5' got reasonable reviews, from £27K 'Vector' SE 2.0 TiD ... £38.5K 'Aero' 2.8T XWD (4x4).
 
2011 May 3: Spyker - Saab anounced investment from China's Hawtai Motor Group Company Ltd (Hawtai). But the agreement was terminated, 12 May.
2011 July 4: Swedish Automobile N.V. (Swan) & Saab Automobile AB, and Pang Da Automobile Trade Co., Ltd. (Pang Da, .cn) & Zhejiang Youngman Lotus Automobile Co., Ltd. (Youngman, .cn) signed to form a Sweden-based joint venture company (NPJV) to develop three new product Saab models, '9-1', '9-6', and '9-7'.
2011 October 28: After more near death experiences, Swedish Automobile announced a "memorandum of understanding" for Pang Da and Youngman to buy Saab for €100million, and to keep Saab going in Sweden. ...
2011 December 19: ... But General Motors would not agree to the transfer of its own IP within Saab to the control of others, preventing such a deal, so Saab finally filed for bankruptcy with Swan writing off its interest.
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