Saab Automobile AB · Trollhättan Sweden
Company Description
View Saab Automobile AB Locations On A US Map
This link will open in a new window
This link will open in a new window The tale of one of the world's smallest carmakers is a Saab story. With an annual production of up to 126,000 cars, Saab's current models include the 9-3 (available as a convertible or sport sedan), the luxury 9-5 sedan (also available in a sport wagon), and the seven-passenger 9-7X SUV. Offered only through Saab Expressions dealerships, Saab cars woo enthusiasts with merchandising that includes pen and pencil sets, martini glasses, toys, and watches. Saab is a wholly owned subsidiary of General Motors . With GM wanting to cut Saab loose, Saab filed for bankruptcy protection. GM is actively seeking a buyer for Saab. To read the full description, subscribe now.
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
Saab Automobile AB Reports
No subscription, no problem.
Download presentation-ready reports for this company now.
Download presentation-ready reports for this company now.
From company profiles to the competitive landscape, Hoover’s offers immediate access to individual reports.
Key Saab Automobile AB Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $15,641.0 |
| Employees | 4,000 |
Saab Automobile AB Executives
19 executives listed for Saab Automobile AB's Trollhättan Sweden location.
| Title | Name & Bio | Contact |
| Managing Director | Jan Jonsson | |
| EVP and COO | Gregory Deveson | |
| Director Finance | Lars Hägerborg |
Competition
Competitive Landscape for Saab Automobile AB
Demand is driven by employment and interest rates. The profitability of individual companies depends on manufacturing efficiency, product quality, and effective marketing. Large companies have economies of scale in purchasing and marketing; smaller companies can compete by focusing on specialized markets. The industry is capital-intensive: average annual revenue per employee is nearly $2 million. US-based automakers compete with numerous foreign rivals, including companies such as Toyota, Honda, and Nissan that have extensive auto assembly operations in the US. Through stateside manufacturing capacities and exports to the US, foreign carmakers collectively have about half of the US market. US auto manufacturers' financial positions have deteriorated dramatically in recent years. The "Detroit Three" (Chrysler, Ford, and GM) have suffered from import competition and high cost structures. High gas prices, few small car offerings, and near record-low consumer demand during the late 2000s recession drove Chrysler and GM into bankruptcy, where their debts were restructured. Chrysler and GM also received billions in loans from the US and Canadian governments. Ford, which has joined GM and Chrysler in various government incentive programs but has not received direct federal investment, avoided bankruptcy largely due to more than $20 billion in secured and unsecured loans it took out in 2006. To read the full description, subscribe now.Top Saab Automobile AB Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!