This is what Happens when a Limousine, Convertible and Yacht Meet

In today's highly competitive auto market, one would think there are no new niches left to explore. Well, it's pretty true, except for imaginative individuals like the crew from Sweden’s Gray Design, which also penned the Saab supercar.

Enter the world of the Strand Craft Limousine Beach Cruiser, a vehicle that looks like a crossover between a limousine, a convertible and a yacht – yes, you read correctly, a yacht. Essentially a beach shuttle, the Stand Craft has been conceived for luxury hotel chains willing to offer their clients premium service. More specifically, to carry six passengers from the hotel to the nearest beach as fast and as comfortable as possible.

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China’s Pang Da Places a New €15 Million Order for Saab Vehicles

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.

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Saab Returns from the Dead…Again, Restarts Production at its Trollhättan 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 Trollhättan 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”.

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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:

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Saab Eyes Another Chinese Savior, Signs MoU with Pang Da Automobile Trade Co.

For the second time this month, and shortly after the break up in talks with the Hawtai Motor Group, Saab’s parent company Spyker Cars N.V. today announced that it has signed a Memorandum of Understanding (MoU) with a new Chinese company to provide fresh funds for the deeply troubled Swedish automaker. This time Spyker signed a tentative finance and import deal with Pang Da Automobile Trade Co., Ltd (Pang Da), said to be China’s largest publicly traded automobile distributor with over 1100 dealerships in the country. Read more »

Insane! Swedes Turn a Dodge Viper into the Saab 9-3 SRT10 MegaPower

Proving once again that there is no limit to what one can build when you let your imagination take over, a team of Swedes transformed a Dodge Viper into the menacing Saab 9-3 SRT10 MegaPower you see in these pictures.

It all started when a man bought a wrecked Dodge Viper SRT-10 with the intention of rebuilding it. However, it soon became obvious that task was far more difficult than he originally thought due to the extent of the damages and the lack of parts. It didn’t take long to come up with a fresh idea: strip the Viper’s body clean and use the mechanical hardware and parts of the chassis on a Saab 9-3 Sport Combi.

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Saab Releases First Video of New 9-5 SportCombi

If you're tired of looking at the same batch of pictures of the Geneva motor show-bound 2012 9-5 SportCombi, you'll be happy to know that Saab has published the first video of its flagship station wagon model, and furthermore, the car seen here is finished in a shiny black hue.

As a quick reminder, the SportCombi will be backed by the same all-turbo gasoline, bioethanol and diesel powertrain line-up as the 9-5 sedan, and will also offer the option of the firm's XWD all-wheel-drive system. First customer deliveries of the 9-5 SportCombi are expected in September.

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Spyker to Sell its Sportscar Business in Order to Focus on SAAB

Spyker Cars N.V., the Dutch owner of Saab, announced today that is has started negotiations to sell its sports car brand in order to focus on the development of premium car maker Saab, which it acquired one year ago from General Motors.

The Dutch company said it will sell the assets of its Spyker sportscar business to the UK-based CPP Global Holdings Limited, owned by Russian millionaire Vladimir Antonov. The terms of the deal include an initial purchase price of EUR15 million, plus a further EUR17 million to be paid from future earnings over a six-year period. The money will be used by Spyker Cars N.V. to reduce its debt.

Once the deal is completed, the Dutch company will be renamed so it would not be confused with the Spyker brand. CPP Global Holdings Ltd. will become the owner of virtually all assets related to the Spyker business, including trademarks, intellectual property rights and, of course, the model range.

“Without Spyker we would not have been able to acquire Saab Automobile last year but the Spyker Business soon became a small fish in a large pond as a result. In terms of the overall results of Spyker Cars N.V., the Spyker Business had become immaterial, but to develop its business going forward, its cash needs are relatively significant,” said Victor Muller, CEO of Spyker Cars N.V. and Chaiman of Saab Automobile AB.

"The management of the company has very exciting plans for Spyker and the brand is entering a period of major developments," CPP's managing director Brendan O'Toole added.

CPP Global Holdings has been producing chassis and body panels for Spyker since 2000 and the C8 Aileron model since 2009. The company's controversial owner, Vladimir Antonov, used to own 29.9 percent of Spyker through his Snoras bank, but had his share bought out by Victor Muller's Tenaci Capital before the acquisition of Saab.

By Dan Mihalascu

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Saab Shows More of the 9-5 SportCombi, Officially Confirms Concept Study for Geneva Salon

The rapidly approaching Geneva Motor Show is turning out to be a birthing room for Saab as the Swedish company is planning to launch two world premieres including the 9-5 SportCombi along with the unveiling of the modestly updated 9-3 Griffin range and the limited production 9-3 Convertible Independence Edition.

First teased on the Swedish firm's website last week, Saab today confirmed that one of the world premieres will be a never-before seen concept model conceived by a team under new design director, Jason Castriota, who is best known for his work at Pininfarina and for a short stint at Bertone where he penned the Corvette-based Mantide.

The Swedish automaker said the concept car will showcase design features and technologies to be seen in the next generation of products from Saab, adding that it introduces styling themes drawn from the company's Scandinavian and aircraft-inspired design heritage. Saab also noted that the design study will feature an all wheel drive system with an electrically powered rear axle, which most likely points to a hybrid model.

Along with the announcement on the concept car, Saab released a new gallery of photos of the all-important 9-5 SportCombi, which the company expect to sell in greater volumes than its four-door counterpart in many European markets. The more practical variant of the 9-5 series will be offered with a similar mix of turbocharged diesel and gasoline motors with sales scheduled to start in the Fall of 2011.

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2012 Saab 9-3 Griffin: Facelift Model Receives Subtle Styling and Engine Upgrades

Aside from the limited-run 9-3 Convertible Independence Edition, Saab also announced today a mild facelift across the 9-3 range, which gets refreshed exterior and interior styling plus the introduction of gasoline direct injection on the 2.0-liter engines. The updated range will carry the 9-3 Griffin moniker and it is basically a last edition before a new generation takes over in 2012.

Changes apply to all models (Sport Sedan, SportCombi, Convertible and 9-3X) and include new front bumpers, a new "ice block" finish for the headlights and the Griffin badge added to the front fenders. On the inside, the dashboard, seat upholstery and decor have received a fresh look. The 9-3 Griffin models will be offered in two specs, standard and Aero.

Technical updates involve the addition of new 2.0-liter gasoline engines with direct injection technology, variable valve timing and twin scroll turbocharging. The 2.0-liter engine is available with 163 or 220 horsepower, and can be combined with Saab’s XWD all-wheel-drive system.

The petrol units join the 1.9-liter turbo diesel engines that produce 130, 160 or 180 horsepower. Six-speed transmissions become standard across the 9-3 Griffin range.

Saab claims that combined fuel consumption and CO2 emissions have dropped by 4 percent across the entire range. For example, the 9-3 SportCombi fitted with the 1.9-liter TTid engine has an average fuel consumption of 4,5 liters/100 km (52.2 mpg) with 119 g/km of CO2 emissions.

By Dan Mihalascu

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SAAB 9-3 Convertible Independence Edition Officially Revealed

Saab has built a limited edition of its 9-3 Convertible to celebrate the first anniversary of its independence, or to put it more realistically, the completion of the sale from General Motors to Spyker Cars. Called the Independence Edition, only 366 examples of the car will be produced, one for each day during the first year and one extra for the start of a second year.

The newcomer in Saab's range is based on the 9-3 Convertible Griffin Aero specification adding a unique, Amber Orange metallic paint and 18-inch alloy wheels with a two-tone satin chrome and black finish. In the interior, the special edition model is distinguished by the orange trimmed beige sports leather seats and glovebox, carbon fiber trim, a unique turbo boost gauge and orange stitched sports leather steering wheel and carpet mats with grey piping.

Depending on the market, the powertrain choices for the 9-3 Convertible Independence Edition include a 180HP, 1.9-liter turbo diesel, a 220HP, 2.0-liter gasoline turbo with direct injection, and a Biopower version able to run on any combination of gasoline or E85 fuel. All three powerplants are available with six-speed automatic or manual transmissions.

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