Saved at the proverbial 11th hour, Saab is back in business, the first 2011 9-5 shown here rolling off the assembly line.
Swedish automaker Saab is back in business again – and looking to expand its line-up.
After a temnporary shutdown that many thought would become permanent, the maker’s factory in Trollhattan is rolling again, the first car down the line the new 2010 Saab 9-5 sedan.
One of four General Motors brands that the automaker had planned to shed following its bankruptcy, last year, Saab appeared doomed to a fate similar to that of Pontiac, Saturn and Hummer, all of which GM now plans to toss onto the automotive rust heap. An initial offer from Scandinavian supercar maker Konigsegg was rejected when that company couldn’t come up with the cash. But just as GM closed Saab’s plants and dissolved its board of directors, an alternate bid from Dutch sports car manufacturer Spyker came through.
It’s taken a month to lock everything into place and get the factories humming again. But for now, at least, Saab is up and running again. That’s good news for buyers around the globe who’ve been placing orders for the new 9-5 despite the uncertainty about Saab’s future.