2004 Saab 9-5 Arc Sedan 4-door 2.3l on 2040-cars
Branford, Connecticut, United States
Vehicle Title:Rebuilt, Rebuildable & Reconstructed
Transmission:Automatic
Body Type:Sedan
Fuel Type:GAS
For Sale By:Private Seller
Number of Doors: 4
Make: Saab
Mileage: 108,000
Model: 9-5
Sub Model: arc
Trim: Arc Sedan 4-Door
Exterior Color: White
Interior Color: Tan
Drive Type: FWD
Number of Cylinders: 4
Options: Sunroof, Cassette Player, Leather Seats, CD Player
Safety Features: Anti-Lock Brakes, Driver Airbag, Passenger Airbag
Power Options: Air Conditioning, Cruise Control, Power Locks, Power Windows, Power Seats
great cond,no damage,rus and drives great needs front tires
Saab 9-5 for Sale
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Auto blog
National Electric Vehicle stops Saab 9-3 production amidst financing woes
Tue, 20 May 2014It seems that quirky, Swedish automaker Saab might be on life support yet again. Its owner, National Electric Vehicle Sweden, has announced that it's reducing its workforce and temporarily halting production of the 9-3 due to financial problems. NEVS was only building six cars a day, anyway.
The company put out a press release admitting its economic woes, but it still appeared hopeful. NEVS claims it's developing "a new platform on the Phoenix architecture," and it has a frame agreement with an international automotive OEM. It didn't give any specific details about either one of these assertions though. According to The Wall Street Journal, NEVS needs the partnership to lower development costs in order to stay afloat. Saab spokesperson Mikael Ostlund told Autoblog in an email that the stop in production of the 9-3 in Trollhättan would last four weeks.
NEVS says it's in negotiation to sell a portion of the company to an automotive company. Its current monetary woes are caused by shareholder Qingbo Investment Company not financing the company as agreed. "We plan to have the results of the discussions at latest during June," said Ostlund.
Court extends Saab reorganization bid until end of November
Fri, 10 Oct 2014Saab parent company National Electric Vehicle Sweden refuses to go down without a fight. After a recent trip to court, the company is emerging with an extension on its reorganization until November 29. According to Europe Online Magazine, there's also an appointed committee of creditors and union representatives to monitor NEVS' restructuring process.
NEVS still isn't giving up hope of saving itself, and the company claims there are has two potential strategies for getting back on its feet. The main plan is to "finalize the negotiations with the two Asian automotive manufacturers," according to a press release. Those firms still aren't identified, but Mahindra may be involved. According to Europe Online Magazine, one of the businesses is looking to take partial ownership of NEVS, and the other is considering some sort of cooperation with it.
If that plan fails, the second option is to take advantage of the factory and become a contract manufacturer.
Saab to hire 200 engineers, might build gas cars with Mahindra
Thu, 14 Jun 2012The brand formerly known as Saab is still intent on teaching The Little Engine That Could a few ticks about persistence. We say "formerly known" because it turns out that National Electric Vehicle Swedent (NEVS), the Sino-Japanese investment consortium that just bought the majority of Saab's assets, minus Saab Automobile Parts AB, may not actually own the rights to the Saab brand name. According to a report in Di.se via Saabs United, NEVS will need to negotiate with Scania and the Swedish aerospace and defense group, Saab AB, for the right to name its forthcoming electric car the Saab 9-3.
NEVS is hiring 200 engineers now to work on its electric car program, and reports are that it will hire more as it gets closer to the 2014 launch. It will be based on the current (read: ancient) 9-3, and we hope NEVS is succeeds in getting the naming rights, because the NEVS 9-3 just doesn't have the same ring. NEVS will likely target China as the model's main market.
However, it's rumors of their second negotiating ploy that we're really rooting for: to work with Mahinda & Mahindra, the Indian company once in the running for Saab's assets, develop a petrol-powered 9-3 on the next-generation Phoenix platform, based on Jason Castriota's design.