The luxury brand is gone for good, but there’s one last chance to own one of their cars.
-Saab’s last production car rolled off the line in 2014 and is being auctioned off.
-Saab was sold in 2011 to NEVS, an electric car company.
-They produced a few cars under the NEVS name in 2013 and 2014, but a full-scale relaunch never happened.
Saab: the affordable luxury brand of Europe
If you’re not familiar with Saab (aside from dark memories of those hideous hatchbacks they sold), it is a Swedish automotive company dating back to 1945. It was sold to NEVS, an electric car company, in 2011, when Saab was facing bankruptcy. Don’t let these photos of classic cars fool you–Saab went through quite the ugly period in the ’80s and ’90s.
The specific final car that is for sale is a 2.0L turbo, 220-horsepower, silver Saab 9-3. It had been set aside for research when it was assumed that there would be further cars produced. This hasn’t happened for various reasons. But the car is still in pristine condition; it has only 40 miles on it.
Saab used to be the luxury car purchase of Europeans. Seeming to have the safety of a Volvo but a less-expensive price tag than the Mercedes, some people were even known to ship theirs overseas at a very high cost instead of replacing it. Saab drivers are/were as loyal to the brand as someone is to their 1994 Toyota Corolla today, most likely due to its reliability.
So what happened to Saab?
Saab had struggled with sales, which is not surprising given some of the aesthetic failures Saab had produced up to that time. Saab had been surviving on the loyalty of its drivers during those lean aesthetic years.
As Saab struggled, they found their future with GM. 50% of Saab was purchased by GM in 1989. 2 of Saab’s most well-known models, the 9-3 and the 9-5, were produced during that time. GM eventually purchased the remaining 50% of Saab in 2000.
Unfortunately, the recession and other factors caused many automotive companies to struggle. One of those was Saab.
Saab’s struggles continued, and it was sold in 2010 to Spyker Cars, a Dutch automotive company. This would also not work out as an end to Saab’s woes. After struggling through a failed purchase by a Chinese Company, they finally went bankrupt in 2011.
In 2012, NEVS, the National Electric Vehicle Sweden was formed and purchased Saab’s bankrupt estate. Saab was no longer allowed to use the Saab name, and the company now produces an electric variant of the Saab 9-3 under its own namesake, NEVS. They started producing the new 9-3 Aeros models for sale in 2013 and 2014.
Saab 9-3: The last of its kind
So what about the last Saab production car? Those 9-3 Aeros cars made in 2013 and 2014? They were a short production run. with only 420 being made in total, Which obviously makes the car even more valuable
The specific final car that is for sale is a 2.0L turbo, 220-horsepower, silver Saab 9-3. It had been set aside for research when it was assumed that there would be further cars produced. This hasn’t happened, however, for various reasons. But the car is still in pristine condition; it has only 40 miles on it.
The last NEVS 9-3 to drive off the production line in 2014 is available for purchase at auction. Having only been driven 40 miles, the condition is near perfect; it’s a collector’s dream. Funds from the auction will be donated to NEVS’ sustainability mobility scholarships.
Details on the auction can be found here.
NEVS has recently announced a partnership with Koenigsegg, which may be why this throwback is hitting the auction block.
Koenigsegg is a Swedish high-performance sports car brand. It will be interesting to see what comes out of this pairing in the future.
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