Saab to build modern version of the classic 92 model

Spyker, the current owner of Saab has revealed that it plans to produce a new Saab model that will be inspired by the classic 92 of the 1950s (pictured above). Spyker is currently in talks with several ‘unnamed’ automakers for technology sharing for this new small-sized vehicle. The company is also looking for a platform that will underpin this small car.

Saab which will start selling the new 9-5 model at the end of this month aims to sell between 50,000 and 55,000 cars this year where about 17,000 would be the new 9-5. For 2011 the company targets to roll out 100,000 cars, including 40,000 9-5s and 10,000 9-4X models.

This 9-4X is a mid-sized crossover that will be manufactured beginning from April next year. Saab is also close to signing a dealership agreement with a Chinese company and rumor has it that its BAIC (Beijing Automotive Industry Holding Company).

Spyker also said that it is moving its stock listing to Stockholm from Amsterdam since ’99.5%’ of its business is Swedish. Spyker purchased Saab from General Motors back in February. If it weren’t for Spyker, Saab would have been history.

Source.

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