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Saab Museum Emptied – But Brand May Yet Survive

The Ursaab goes on the auction block.

by on Jan.20, 2012

The original 1947 Saab concept, known as the Ursaab, drives off into the sunset.

The process of dismantling bankrupt Saab is well underway and the remains of the Swedish maker’s museum will be sold off, starting today, with 100 vehicles from Saab’s collection – including the original concept known as the Ursaab – going on the auction block.

Yet, even as the symbols of the maker’s 60-year history begin to disappear there still remains a chance that Saab could again rise like a phoenix – the name the maker chose for one of its museum pieces, the Phoenix concept vehicle it rolled out during the 2011 auto show season.

Two active bidders are still hoping to buy up the Swedish company’s assets and put it back into business, including China’s Zhejiang Youngman Lotus and Turkish Brightwell Holdings.

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“A bid for Saab is in the pipeline”, said Brightwell board member Zamier Ahmed, on Thursday.  The firm, which specializes in energy, transportation and technology, would like to not only buy up the failed maker’s assets but keep Saab based in Sweden, its Trollhattan assembly plant considered one of Europe’s most modern.

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