Saab Automobile Company Description
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. In mid-2009 GM agreed to sell Saab to an investor group led by Koenigsegg Automotive, a small manufacturer of high-powered sports cars.
View the Comprehensive Company Description for Saab Automobile
The Company Description provides a historical perspective of Saab Automobile's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Saab Automobile's evolution in the marketplace.
