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SAAB goes under
Came across this today...
Sad actually. Saab files for bankruptcy as attempt to rebuild fails By Jerry Hirsch Los Angeles Times First published Dec 19 2011 05:21PM Updated 48 minutes ago Saab no more. Saab Automobile, the quirky Swedish automaker that liked to advertise its heritage as a fighter jet producer, filed for bankruptcy Monday, ending a two-year effort to revive the business after it was spun off by General Motors Co. “Some enthusiasts in the U.S. will lament its end,” said Aaron Bragman, an analyst with IHS Automotive. “Back in the 1970s and 1980s, it was an innovative brand with some unusual powertrains. They did turbocharging of small engines long before others did.” A segment of auto buyers also gravitated to Saab because it was so different from U.S. carmakers, and even from other European brands, Bragman said. But there weren’t enough buyers of the distinctive nameplate. Saab has sold just 5,305 vehicles in the U.S. so far this year, down sharply from a peak of 48,250 in 1986. Saab CEO Victor Muller personally handed in the bankruptcy application to a court in southwest Sweden, according to The Associated Press. His efforts to rebuild the company were stymied by GM. The U.S. automaker refused to allow Saab to transfer technology that the Swedish business had licensed from GM to Chinese investors who had planned to rescue the firm.
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Mitch Hansen
"uncamitzi" This is a Dark Ride 92 Teal SVX LS-L 128K tranny swap with 4.11's Well.. my days of not taking you seriously have certainly come to a middle . |
#2
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Re: SAAB goes under
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An Eco-tech engine belongs in a cavalier not a freakin Saab. If only you would have learned to put the key on the steering column.
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Matt 15 OBW premium w/eyesight A picture of an SVX in the garage |
#3
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Re: SAAB goes under
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#4
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Re: SAAB goes under
The location of the key is really not a concern of mine. The location of the coolant on the other hand is. Phone ring yet?
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British vehicles are my last ditch attempt to keep the nasty Italian thoughts in my mind at bay. So far its working. |
#5
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Re: SAAB goes under
subaru probably could have saved Saab if subaru bought them.
built them like subaru's Saab would have been saved. in my belief anyway i thought for sure chevy could have, but find out they couldnt |
#6
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Re: SAAB goes under
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And brought to you from the same company that brought you the SVX. .
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. Subaru Ambassador 1996 Polo Green LSi #216..138,100 miles...SOLD JFICX8659TH100216.....Date of Manufacture: November 16, 1995..... Fuji Heavy Industries..Ōta North Plant....Ōta City,. Gunma Prefecture, Japan In-Service Date: January 2, 1997 "The Pristine Green Polo Machine” First Polo Green on the Network First Clear front turn signals, JDM Alcyone hood emblem, rear panel, and BOXER engine cover on the Network (US) (2000) First 5000K HID factory fog lights (2007) First SVX JDM BBS wheels on a USDM SVX (2013) HID lighting (5000K) for headlight and H3 fog lights, PIAA SuperExtreme 120W high beams, rebuilt EG33 longblock, Cometic head gaskets, Phase II flexplate, AMR aluminum radiator with custom silicone hoses, 160A high-output alternator in aluminum-ceramic coated case, new design alternator wiring upgrade v.4, rare factory headlight protectors, refinished JDM BBS mesh aluminum wheels and custom, polished billet aluminum new hex center caps, LED grille mod, R1 Concepts high-carbon cryo slotted rotors, Akebono ceramic pads, Goodridge S/S braided brake lines, Smallcar Stage 1 shift kit, ThermalTech aluminum/ceramic-coated valve covers, Energy Suspension urethane front & rear swaybar bushings, Bontrager22 rear swaybar with QS Components Chromoly Teflon/Kevlar endlinks, "$15.00/5 minute" suspension mod. Hella Supertone horns, Custom stainless steel exhaust system with 2" headpipes, Magnaflow cats, AeroTurbine AR25 resonator /AWD "Bullet" muffler. R.I.P. 2010 Subaru Outback Limited 2.5 CVT...338,000 miles. Totaled by a 1,300 lb. COW March 4, 2016 2014 Hyundai Avante Limited ...178,000 miles. Actually quieter and smoother than the Outback 2007 Mazda Miata MX-5 PRHT...102,000 miles. Plenty of parts, service and windshields. 4th Registered Network member —2/21/2001 My NEW locker..I...My Email..I..Wikipedia/SVX . . Last edited by svxcess; 12-20-2011 at 06:10 PM. |
#7
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Re: SAAB goes under
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Over here they have practically no real market.
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Danny 1994 Silver SVX in hybernation, awaiting for the monsterous awakening (Lebanon) 1967 Mercedes-Benz 250SL Euro Specs, Hard/Softtop, White/Red. Under Complete Restoration 2013 Mercedes-Benz SL350 Euro Specs, White/Red. Mint... Another step into SL Collection. |
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Re: SAAB goes under
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The Ecotec engine,GM’s first truly global powerplant,was designed and developed by an international team of 230 engineers and technicians that included personnel from Opel’s International Technical Development Center in Rüsselsheim, Germany; GM Powertrain in Pontiac,Mich.; and Saab in Trollhättan, Sweden. All of the engine components were modeled in three dimensions using GM’s advanced computer-aided design software. The Ecotec is manufactured in modern GM Powertrain facilities in Tonawanda, N.Y., Spring Hill, Tenn., and Kaiserslautern, Germany. Ecotec’s architecture offers tremendous versatility. Introduced in 2000, the Ecotec now powers 16 GM vehicles worldwide, including Saturn, Pontiac, Chevrolet, Saab, Opel and Vauxhall models. It is produced in 1.8-, 2.0-, 2.2- and 2.4-liter versions." from: http://www.solsticeforum.com/forum/f...history-57781/ I still stand behind my previous statement: An Ecotec engine belongs in a cavalier not a freakin Saab.
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Matt 15 OBW premium w/eyesight A picture of an SVX in the garage |
#9
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Re: SAAB goes under
coolant still missing. It is the only magic trick a subaru knows.
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Matt 15 OBW premium w/eyesight A picture of an SVX in the garage |
#10
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Re: SAAB goes under
Maybe Subaru will buy them and bring back the SVX. Imagine this, the Saab SVX
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1995 POLO LSI 76K MILES SOLD |
#11
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Re: SAAB goes under
first i thought subaru would introduce a new branch.
Alcyone the Band bringing back the XT,SVX and a new 6 cylinder model based on the FB Engine. |
#12
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Re: SAAB goes under
I'm probably going to get flamed for this, but I just love Saabs. I love the styling. I love the way they look, and they are actually very reliable cars. There are some exceptions to this as there are with models from any manufacturer. Saab's creativity and quality were stifled by GM, for sure. I truly feel that if it were not for GM, Saab would be alive and well right now.
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2009 Volvo C70 T5 2008 Volvo S80 V8 2006 Range Rover Sport 2001 Audi S8 |
#13
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Re: SAAB goes under
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LOL J/K
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Danny 1994 Silver SVX in hybernation, awaiting for the monsterous awakening (Lebanon) 1967 Mercedes-Benz 250SL Euro Specs, Hard/Softtop, White/Red. Under Complete Restoration 2013 Mercedes-Benz SL350 Euro Specs, White/Red. Mint... Another step into SL Collection. |
#14
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Re: SAAB goes under
no flame from me. I agree eleventry billion with this.
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Matt 15 OBW premium w/eyesight A picture of an SVX in the garage |
#15
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Re: SAAB goes under
What will the few hundred people people in Vermont who don't drive Subarus drive now?
dcb |
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