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Dec
18th

It happened on December 18th: GM announces the end of Saab

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General Motors, which acquired Saab in 2000, announced plans to eliminate the brand from its operations on December 18th, 2009.

Hit hard by the recession earlier that year, GM officially put Saab on sale in February. Dutch-based automaker Spyker Cars made a bid, but GM ended talks in December due to deadline problems, and later announced that Saab would be eliminated the following year if it failed to secure a buyer before the close of 2009.

Yet, on January 26th, 2010, GM officials confirmed that they had come to an agreement with Spyker. The transaction did little to resurrect the agonizing Saab, which again changed owners in 2012 (NEVS).

Now, there is hope on the horizon. The Trollhättan plant is still open, and a new production model -- the 220-horsepower Saab 9-3 -- rolled out on December 2nd, 2013.

Source : wikipedia.org


SAAB Trollhättan factory
Photo: Wikipedia


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