Saab 9 3 2007 Red Convertible Low Mileage Clean Car Well Equipped on 2040-cars
Woodcliff Lake, New Jersey, United States
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2007 SAAB 2.0 TURBO CONVERTIBLE WITH LOW MILEAGE AT A GREAT PRICE! Equipped: 2.0 Liter 4-cylinder turbo engine, auto trans, leather interior, dual power heated front seats, drivers seat has memory, immaculate interior, 6CD, OnStar, Bluetooth, Xenon headlamps, rear park sensors, 17" alloys with Michelin 235/45/ZR17 Tires, headlamp washers, fog lamps, dual climate control, top is in excellent condition. Damage: windshield is cracked, right front wheel has curb rash, left front wheel has a bit of rash. Production date: 3/07. Vehicle is being sold in condition "AS IS!" with a standard NJ title carrying "S" brand for prior salvage history. I acquired this vehicle from the insurance company with easy damage front and rear. Both bumpers were replaced and the rear body panel was repaired. Engine runs strong, A/C is ice cold and this vehicle drives great. I already went through the salvage exam procedure in New Jersey. I can arrange shipping at a reasonable rate. Contact Allen 201-248-3818. Check my other Ebay items!
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Auto blog
NEVS' reorganization plan approved after all?
Fri, 29 Aug 2014What a difference a day makes. Thursday, we reported that current Saab parent National Electric Vehicle Sweden had its application for creditor protection denied by the Swedish court for being "vague and completely undocumented." But NEVS was back in court on Friday, and this time the application was granted. However, the story continued to get weirder as defense contractor Saab AB allegedly revoked NEVS' rights to use the Saab name.
NEVS did put out a brief press release confirming the court decision saying: "The District court of Vänersborg, Sweden, today August 29 approved the application for reorganization from National Electric Vehicle Sweden AB." The company allegedly has over 90 creditors, and according to Reuters, it owes them roughly 400 million Swedish krona ($57.56 million). The business says that it is in negotiations with two, unnamed companies to get additional funding.
Also, according to Reuters, Saab AB, best known for making fighter planes, has revoked NEVS' rights to the Saab brand name because the company's application for creditor protection gave the defense contractor that right. When NEVS bought Saab, it only acquired the automaker's physical assets, and had to negotiate for the rights to use the name.
Saab's latest Chinese owners facing their own credit woes
Sat, 16 Aug 2014Poor Saab, it can't seem to get a break. General Motors couldn't seem to make a go of it, neither could Spyker, and now it seems that its latest owner is encountering some problems of its own.
That owner, of course, is National Electric Vehicle Sweden, a Swedish holding company owned by Chinese investors. NEVS recently restarted production at the Saab plant in Trollhättan, Sweden, and had some ambitious plans for the brand's revival, but it appears to have run out of cash.
This according to a report in The Wall Street Journal, which discovered that NEVS is having trouble paying its suppliers. One such supplier, called Labo Test, has reportedly been owed some $22,000 by NEVS since February, and without payment, petitioned the Swedish government to place NEVS into bankruptcy proceedings. If that seems a little extreme to you over twenty-two grand, it would seem the parties agree, as the petition has reportedly since been withdrawn.
New owners still struggling to secure rights to use Saab name
Wed, 27 Jun 2012Not to state the obvious, but if you're going to buy an automaker, it's probably advisable to secure rights to use the name.
That's what the new owners of Saab are trying to work out after buying the iconic Swedish automaker earlier this month, Automotive News reports.
National Electric Vehicle Sweden (NEVS), the Chinese-Japanese conglomerate, acquired the company's physical assets, including its factory in Trollhättan, but didn't get rights to use the Saab name and logo. Truckmaker Scania and defense company Saab AB maintain the name and logo rights, and will need to sign off on NEVS using it, according to the publication. The parties are in discussions.