Saab Production on Hold for at least Two More Weeks

Ailing Swedish car manufacturer Saab will not be producing new vehicles for at least two more weeks until it resolves the problems with its suppliers, the company said on Monday.
"There will be no normal production during weeks 25 and 26 (June 20th-July 3rd)," Saab spokeswoman Gunilla Gustavs told Reuters. "We are still negotiating with all suppliers and we need to get everyone on board at the same time. The weeks of 27-29 (July 4th-24th) are planned to be normal working weeks".

Saab Temporarily Suspends Production Again while it Seeks Parts

The on-off production drama over at Saab�s Trollh�ttan facility in Sweden continues as the troubled automaker said Wednesday that it temporarily halted production due to a lack of components from its suppliers only two weeks after resuming making cars following a seven-week shutdown.
Saab said that it anticipated production hiccups in the start-up phase, as the supply chain still is not fully operational with some suppliers holding back until they get paid and others trying to re-stock.

China Pang Da Places Order Saab

Chinese distributor Pang Da Automobile is pumping more cash into Spyker NV's ailing Swedish unit Saab by placing a new order for 630 vehicles valued at �15 million or US$21.5 million. This latest order comes after an earlier one last week for 1,300 cars worth �30 million (US$43.2 million) and is part of a broader deal in which Pang Da agreed to buy a 24 percent stake in Saab�s parent company Spyker for �65 million (US$93.5 million).
The Swedish automaker said that as with the first order, Pang Da will pay the additional �15 million order up front with the funds expected to be received by the end of this week. Delivery of the vehicles ordered by Pang Da will start in the fall of this year.

Saab Returns from the Dead�Again, Restarts Production at its Trollh�ttan Factory

Saab is back in the business of making cars again -at least for now- almost two months after production came to a halt on April 6 when the company�s suppliers stopped deliveries of parts in protest over unpaid bills. The Swedish company was able to restart production after receiving �30 million (US$42.8 million) in advance on a deal it has signed with Chinese car distributor Pang Da Automobile.
The China company�s CEO, Mr. Pang Qinghua, visited the Trollh�ttan factory today together with CEO and Chairman of Saab Automobile, Victor Muller, and witnessed the first vehicle to roll off the assembly line. Saab said around 100 cars were built today but plans to �increase the daily production rate in the coming weeks in parallel with the full re-establishment of the supply chain�.

What Lies Ahead in Saab�s Future?

Saab is in trouble. With mounting debts and limited capital investment, the Swedish company is a prime candidate to go the way of the dinosaurs. The troubled automaker has not built a single vehicle since the 1st of April, and a much touted deal with China�s Hawtai Motor Group has fallen through. They did however sign a Memorandum of Understanding (MoU) with another Chinese company called Pang Da Automobile Trade Co. Ltd, earlier this week, but we will have to wait and see if the deal goes through.
In light of this, I�ve thought up four plausible (though unlikely) scenarios for Saab. These range from the hugely cynical all the way to the brazenly optimistic. After all, isn�t it better than Saab has some future rather than no future at all? Without further ado, here are your options:

Saab�s 900 / 9-3 Convertible Turns 25 this Year

This year marks the 25 anniversary of Saab�s Convertible model that was first launched under the 900 nameplate and later on, the 9-3 moniker, which is still used today. And while the Swedish firm�s current financial woes don�t allow for a more appropriate celebration, Saab released some key facts and figures on its drop top model.
The convertible�s history started in 1983 at the Frankfurt Motor Show, where Saab unveiled a new concept model with a powered soft-top based on the 900 liftback. After gauging the public�s reaction, Saab decided to introduce a production version of the four-seater model, which was built by Finland�s Valmet Automotive.

2009 Saab 9-3 Cabriolet Hirsch Edition with 300HP

Not long ago, Saab has unveiled their all new sport version of the 2009 9-3 Convertible developed by Hirsch Performance for the German market. The car is equipped a 280 2.8 V6 engine, the range-topping model gets the full Hirsch treatment with a performance kit that boosts output to 300HP and torque to 400Nm resulting to a 0 - 100 km/h (62mph) time of 6.4 sec and a top speed of 260 km/h (162mph). Other mechanical enhancements include a lowered sport suspension and high performance 345mm brakes.

Saab 9-3 Cabriolet HirschThe 9-3 Cabriolet Hirsch Edition also sports a subtle bodykit that adds a front splitter, a mesh grille, a rear diffuser that houses new exhaust tailpipes and 19-inch alloy wheels available in matte black or satin silver finish.