Tag Archives: Canada

Saab Sighting Of The Week "1977 Saab EMS Barn Find"

Posted on 26. Jan, 2010 by .

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Photo Credit: James Dale

This week’s Saab sighting of the week comes from James Dale, the one who recently purchased a beautiful 1993 Saab 900 CE from Swedish Motor Cars.

He’s provided us a photo of an extremely impressive “barn find” in Canada. This vehicle is a 1977 Saab 99 EMS with 55,000 original miles on it!

I guess the deal with these “barn finds” are just as legend has it, you find them in some old barn, virtually untouched and need only minor work with with extremely low mileage. I can’t believe there are still “barn finds” for Saabs here in North America as Scandinavia is another story.

Great job James! Glad that you got your Brother to buy it! Here’s the rest of the story by James:

I responded to an ad on the weekend stating There was a 1977 EMS for sale- no photo included. I answered the ad and drove about 60 miles out with my brother to see it. Met this kind gentleman who opened a barn up to reveal this gem perfectly preserved ems. He supplied his original receipt for $8,300.00 Canadian dollars off the Saab showroom floor. He bought it when he was 32. I made my brother buy it and we drove it home. We cannot believe this gem with full service records was sitting in this Barn waiting ­ 55,000 miles on it- he loved it so much he wanted to preserve it. We assured it was going to a good home. 4000.00 canadian ­ We are still pinching ourselves.

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The “Save Saab” Gathering In Toronto, Canada

Posted on 24. Jan, 2010 by .

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Photo Credits: Scott Hutchings

Christian of Aktiv Motors has gathered a total of 57 Saabs and over 100 people at their recent SAVE SAAB event today in Toronto!

Great job, impressive work with the signage and large banner! Click here for more photos!

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The “Save Saab” Gathering In Montreal, Canada

Posted on 18. Jan, 2010 by .

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SaveSaab Montreal Gathering 016

Photo Credit: Seb

Here are some photos from the last minute “Save Saab” gathering in Montreal, Canada.

Great job, even a Turbo-X and another Swedish make supporting Saab!

Click here for more photos.

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Saab Dealerships In Canada To Continue

Posted on 18. Nov, 2009 by .

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Saab History has covered the status of Saab dealerships in Canada earlier this fall, but now there seems to be a good resolution in place.

Evidently, according to the global and mail, the dealerships will continue by Saab Cars North America working directly with distributor, International Fleet Sales, Inc. of California to make it all happen.

While this is positive news, how is it that so many of these dealerships have been told that they are to close, and now many months later, they are asked to stay?

Saab’s history in Canada started in 1975 with a distributor, so continuing this plan will not be any different than it was since it began.

Here’s the story below.

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Saab, one of four brands being jettisoned or sold by General Motors Co., will continue in Canada under new ownership and a smaller dealer network, Canadian dealers say.
[…]

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Saab Enthusiast Buys Saab 900 From Swedish Motor Cars

Posted on 17. Nov, 2009 by .

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Photo Credit: James

James from Canada, a big Saab Enthusiast, first contacted me about my 1992 Saab 900 just after the sale was completed, fortunately he was able to secure this sale for the last year of the Saab 900 with site sponsor, Swedish Motor Cars.

900cebadge.jpgThe vehicle that was acquired was a limited edition 141 out of 325 1993 Saab 900 Commemorative edition 3-door hatchback.
[…]

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The Saab-Saturn Dealership Distribution Plan In Canada

Posted on 26. Aug, 2009 by .

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Here’s the official word that while GM Canada will no longer distribute Saab Automobiles in Canada as of December 31st, 2009.

While, GM has taken the initiative to work together with the Penske group who is purchasing Saturn from them, there is no clarity on the future of Saab dealerships in Canada, even though these two separate entities share facilities together.

For those of you who haven’t read the history of Saab Canada, please read the piece I received from them a year ago where they now need to add a new chapter to it.
[…]

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General Motors and Koenigsegg Group Sign Stock Purchase Agreement for the Sale of Saab Automobile AB

Posted on 18. Aug, 2009 by .

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General Motors and Koenigsegg Group Sign Stock Purchase Agreement for the Sale of Saab Automobile AB

Here is the press release issued today.

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2009-08-18

CONTACTS

General Motors and Koenigsegg Group Sign Stock Purchase Agreement for the Sale of Saab Automobile AB

# The deal is expected to close by year’s end and will secure Saab’s future
# The closing will be subject to funding agreements and other closing conditions
# Saab Automobile plans to exit reorganization shortly
[…]

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Official Press Release: General Motors and Koenigsegg Group AB Reach Tentative Agreement on Saab

Posted on 16. Jun, 2009 by .

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General Motors and Koenigsegg Group AB Reach Tentative Agreement on Saab.

Finally, official confirmation!

General Motors and Koenigsegg Group AB Reach Tentative Agreement on Saab

# Deal will secure Saab’s future
# EIB expected to provide $600 million financing with state guarantee by the Swedish government
# GM reinvention achieves another milestone

Zurich. General Motors Corp. and Koenigsegg Group AB, a consortium led by Koenigsegg Automotive AB, today confirmed the details of a memorandum of understanding for the purchase of Saab Automobile AB that secures Saab’s future.

The sale, expected to close by the end of the third quarter of this year, includes an expected $600 million funding commitment from the European Investment Bank (EIB) guaranteed by the Swedish government. Additional support is to be provided by GM and Koenigsegg Group AB to fund Saab’s operations and product program investments. This includes plans to launch several new products that are in the final stages of development. Saab had filed for reorganization under Swedish Law on Feb. 20, 2009. This tentative agreement is a key milestone for Saab to successfully emerge from its reorganization process.

“This is yet another significant step in the reinvention of GM and its European operations,” said GM Europe President, Carl-Peter Forster. “Saab is a highly respected automotive brand with great potential. Closing this deal represents the best chance for Saab to emerge a stronger company. Koenigsegg Group’s unique combination of innovation, entrepreneurial spirit and financial strength, combined with Koenigsegg’s proven ability to create world-class Swedish performance cars in a highly efficient manner, made it the right choice for Saab as well as for General Motors.”

As part of the proposed transaction, GM will continue to provide Saab with architecture and powertrain technology during a defined time period. Additionally, Saab plans to produce its next generation 9-5 models in the Saab production facility in Trollhättan, Sweden.

“The proposed agreement will enable us to maximize the brand’s potential through an exciting new product line-up with a distinctly Swedish character. Today’s announcement is great news for Saab’s current and future customers, dealers, suppliers and employees around the globe, said Jan Åke Jonsson, Managing Director of Saab Automobile AB.

The sale will be subject to customary closing conditions, including receipt of applicable regulatory, governmental and court approvals. Other terms and conditions specific to the sale are not being disclosed at this time. Deutsche Bank acted as financial advisor to General Motors Corporation.

General Motors Corp., one of the world’s largest automakers, was founded in 1908, and today manufactures cars and trucks in 34 countries. With its global headquarters in Detroit, GM employs 235,000 people in every major region of the world, and sells and services vehicles in some 140 countries. In 2008, GM sold 8.35 million cars and trucks globally under the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, Hummer, Opel, Pontiac, Saab, Saturn, Vauxhall and Wuling. GM’s largest national market is the U.S., followed by China, Brazil, the United Kingdom, Canada, Russia and Germany. In Europe, GM sells its vehicles in over 40 markets. It operates 10 vehicle-production and assembly facilities in seven countries and employs about 50,000 people. More information on GM can be found at http://media.gmeurope.com and http://www.gmeurope.com. GM Europe executives blog at http://drivingconversations.com.To support informed discussion and fact-based reporting, GM and Opel & Vauxhall have launched a new website at http://gmeuropefactsandfiction.com.

Koenigsegg Group AB is a consortium of private investors led by Koenigsegg Automotive AB. Koenigsegg Automotive AB manufactures supercars. It has representatives in Africa, Asia, Europe, the Middle East, North America, and the Oceania. The company was founded in 1994 and is based in Ängelholm, Sweden.

CONTACT(S):

GM Europe
Chris Preuss
+41 44 828 25 00
jchristopher.preuss@gm.com

Saab Automobile AB
Eric Geers
Tel: +46 (0) 520 27 97 97
eric.geers@gm.com

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