1990 Saab 900 Spg Hatchback 2-door 2.0l on 2040-cars
Brooklyn, New York, United States
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Overall a very nice, all original 1990 SPG that does need some attention. I'm the second owner purchased 6 years ago at 180k miles from a seller in DC area. Its been an extremely reliable weekend driver- It starts in all weather-transmission seems very sound, turbo spools nicely and motor pulls strong. It does have some condition issues and could use a tuneup. Antilock light came on a thousand miles ago but petal is firm and responsive, SRS is on and it's probably due a clutch job ( last at 160k) - The body is is in generally very good shape- it has minimal rust, the only area I'm aware of is a 3" patch on the lower inside face of drivers door but it has not gone through the metal ( see photo). The drivers side window recently stopped working- i don't know if its the regulator or motor. The windshield glass has (2) dings from last owner, Rear quarter SPG trim was knocked off by someone who hit my bumper- paint top coat got grazed in that area but metal panel is fine, and undamaged trim panel is included (see photo). Interior is in good shape - headliner is excellent ( new at 150k) - Sunroof works great - leather is in very good condition except for fairly large hole in drivers seat back( see pic)- it has average dash cracks, carpet has some wear but new extra material is included from previous owner. Paint is original and still shines respectably -but has gotten a couple small city scratches over the past several years. AC was converted at 150k by previous owner but is currently not working. There is a Security system that I've never activated - manual and code included . 3 spoke alloy rims are in great shape with recent Dunlop Potenzas - Front 95% rear 85%.
Relatively recent work has included new battery(09) and alternator (08) - Tie rods and Ball Joints ( '10 )- New Exhaust (10') . New turbo was replaced @150k by previous owner as well as many other parts. All receipts since purchase are included. Its gotten Mobil 1 every 3k miles. Its been an excellent car and could be a great candidate for restoring or with modest effort an affordable, reliable, and completely classic car design. Full set of bound 900 Service Manuals are available separately if interested. |
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Former Saab chairman Muller faces summons in tax inquiry
Thu, 23 May 2013Former Saab Chairman Victor Muller may be called in for questioning as part of an official inquiry into suspected tax evasion by three of the automaker's former executives. A prosecutor has officially named former CEO Jan-Ake Jonsson and two other executives in the investigation, and official court documents say that Muller will be called in by the Financial Crimes Unit. According to Reuters, prosecutors are currently looking into allegations that the executives worked to dodge taxes between 2010 and 2011, when the automaker finally went into bankruptcy.
The Truth About Cars reports the investigation may center around the $540,000 paid as consulting fees to Latin America Tug Holding NV, a company Muller owns. It's possible that the Swedish authorities believe the Saab executives were using the tug boat company as a tax haven, and that the automaker should have paid taxes and social security contributions on the money. Muller has not been charged.
Meanwhile, Muller is defending his earnings in a new interview with Automotive News. Having come under fire for his $773,000 salary at Saab, the Spyker CEO said his pay was commensurate with an executive running a company with 4,000 employees.
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.
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.