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Cars We Buy: Saab

Saab was founded in 1937 with the main goal of producing aeroplanes. Their success post-WWII made Saabs popular for use by the military, but they could not find an effective market when it came to selling cars. They did not produce another car until 1944, which led them down what would eventually become their destiny- becoming one of Europe's leading automobile manufacturers and producers.

In 1939, Svenska Aeroplan Aktiebolaget or SAAB (Swedish Aeroplane Company) started up its business making planes that people could fly around on as if they're in some video game because reality is so boring these days. The good folks at SAAB quickly found out after World War II how much demand there is

A new platform was needed by the end of the 70s for the ageing Saabs, so the company signed a deal with Fiat which later spawned the Alfa Romeo 164, Fiat Croma, Lancia Therma and the Saab 9000. All these cars rode on the Type Four chassis, the result of the joint venture.

Ten years later, in 1987, Saab found itself in financial difficulties and was forced to shut down the plant at Arlov to cut costs. The fact that GM bought 50% of the stocks in 1990 helped alleviate the problems a little, but the company was still losing money, and so the factory at Malmo to further reduce costs.

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Recovery was going to come in the shape of the Saab 900, developed with the help of GM in 1993, a car that would give the company its first profitable year since the 80s. GM later acquired the rest of Saab's shares as was the initial agreement, and from then on, Saab became a subsidiary to the American giant.

Current models, the 9-3 and the 9-5, are based on Opel chassis manufactured in Sweden and Germany. The SUV model 9-7x is being built in America, in the state of Ohio. The company has announced that it would be releasing a new crossover SUV, the 9-4X, after the demise of the 9-2X, basically a rebadged Subaru Impreza.

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