Saab
- Type: Division
- Industry: Automotive
- Founded: 1945
- Founder: Saab AB
- Defunct: 2016
- Fate: Bankrupt
- Successor: NEVS
- Headquarters: Trollhättan, Sweden
- Area served: Worldwide
- Products: Automobiles
- Parent: Saab AB (1945–1968), Saab-Scania (1968–1990), General Motors (1990–2010), Spyker N.V. (2010–2012), NEVS (2012–2014)
- Divisions: Saab Aero
- Website: saabparts.com
Saab Automobile AB, commonly known as Saab, was a Swedish car manufacturer that specialized in producing luxury vehicles. The company had a reputation for engineering innovation and safety features. However, Saab Automobile AB filed for bankruptcy in December 2011 and subsequently stopped production. Saab Automobile AB was established in 1945 as a division of the Swedish aerospace and defense company Saab AB. Initially, Saab focused on manufacturing airplanes but later expanded into automobile production. The company produced its first car, the Saab 92, in 1949.
Saab was known for its innovative engineering and safety features. They were among the first car manufacturers to incorporate features such as turbocharging, self-repairing bumpers, headlight washers, and direct ignition into their vehicles. Saab cars were also known for their aerodynamic design. Over the years, Saab Automobile AB underwent several ownership changes. General Motors (GM) acquired a 50% stake in the company in 1989 and took full ownership in 2000. However, due to financial difficulties, GM sold Saab to the Dutch automobile manufacturer Spyker Cars in 2010. Spyker then formed Saab Automobile AB as a separate entity.
Saab faced financial troubles for several years, and despite efforts to secure funding and partnerships, the company filed for bankruptcy in December 2011. The production of Saab cars ceased, and the company's assets were subsequently liquidated. After the bankruptcy, the assets of Saab Automobile AB were acquired by National Electric Vehicle Sweden (NEVS), a consortium consisting of Chinese, Japanese, and Swedish investors. NEVS aimed to develop electric vehicles (EVs) under the Saab brand, focusing on the Chinese market.
After the bankruptcy, the assets of Saab Automobile AB were acquired by National Electric Vehicle Sweden (NEVS), a consortium consisting of Chinese, Japanese, and Swedish investors. NEVS aimed to develop electric vehicles (EVs) under the Saab brand, focusing on the Chinese market.
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