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GM in 1989 invested $600 million in Saab Automobile, giving GM 50% control of Saab. In 2000 GM optioned the remain 50% control for $125 million. In 2010 Mg sold Saab to Spyker.

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Q: What is the relationship between GM and Saab Automobile?
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When did GM buy Saab?

GM purchased 50% of Saab Automobile AB in 1989 and acquired the remaining 50% in 2000. They sold Saab to Spyker Cars N.V. in 2010.


When did General Motors or GM buy the Saab Company?

Saab Automobile is a Swedish manufacturer. GM initially bought 50% of Saab in 1999 and bought the rest of the company is 2000. They then sold Saab to Spyker Cars.


What was the first Saab car made under GM?

GM acquired 50% ownership of Saab in 1989 but it was not until the launch of the Saab 900 in 1994 that GM had an influence on Saab. In 2000 GM acquired full control of Saab and in 2003 the Saab 9-3 was built which was built.


When did GM sell Saab?

GM sold Saab to Spyker Cars N.V. in 2010.


Can you Service Saab at GM Dealer?

GM does not own Saab any longer. Spyker owns it now but any Saab dealer, even if they sell GM cars should be able to.


Did GM manufacture all of 2003 Saab 9-3?

Saab belonged to GM during this model year...so yes, GM made those cars. They made them in the Saab factory in Sweden.


Who owned Saab before gm?

That was independent company saab/scania


Is Saab car a gm?

Yes and no. From 1989 till 2010 Saab was owned by GM so the NG 900 used the a GM platform and the GM V6 engine, the Second generation of 9-3 was also used GM engines. The 9-5 also is based on GM cars but Saab has been sold to Spyker now so the new 9-5 wagon will be the last Saab developed under GM with the replacement for the 9-3 in 2012 being the first independently developed Saab in about 25 years.


What were the latest news from Saab Automobile?

Saab Automobile AB is a Swedish car manufacturer. After struggling to avoid insolvency throughout 2011, the company petitioned the Swedish court for bankruptcy following the failure of a Chinese consortium to complete a purchase of the company; the purchase had been blocked by former owner GM, which opposed the transfer of technology and production rights to a Chinese company. On June 13, 2012 it was announced that the National Electric Vehicle Sweden had bought Saab Automobile's bankruptcy estate.


Where is the Saab SUV made?

The Saab 9-7X was made in the US by GM and the new Saab 9-4X is made in Mexico by GM but is designed by Saab in Sweden. Saabs 9-3 and 9-5 (not SUV) are made in Sweden.


Why did Ford shutdown Saab after buying it?

Ford has never owned Saab. General Motors bought a 50% interest in Saab in 1989. In 2000 GM bough the company outright. In 2010 GM sold Saab to Spyker Motors. GM was to supply engines and technology to Saab. When Spyker tried to sell Saab to a Chinese company GM blocked the sale. Saab filed for bankrupcy in 2011. In 2012 Saab was sold to a Chinese consortium called National Electric Vehicle Sweden. As of May 2014 all production of Saab vehicles stopped. Production may begin again at a later date and it may not.


When was SAIC-GM-Wuling Automobile created?

SAIC-GM-Wuling Automobile was created in 2002.