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Saab Automobile
Saab Automobile AB () was a automotive industry, car manufacturer that was founded in Sweden in 1945 when its parent company, Saab AB, began a project to design a small automobile. The first production model, the Saab 92, was launched in 1949. In 1968, the parent company merged with Scania-Vabis, and ten years later the Saab 900 was launched, in time becoming Saab's best-selling model. In the mid-1980s, the new Saab 9000 model also appeared. In 1989, the automobile division of Saab-Scania was restructured into an independent company, Saab Automobile AB. The American manufacturer General Motors (GM) took 50 percent ownership. Two well-known models to come out of this period were the Saab 9-3 and the Saab 9-5. Then, in 2000, GM exercised its option to acquire the remaining 50 percent. In 2010, GM sold Saab Automobile AB to the Dutch automobile manufacturer Spyker Cars N.V. After many years establishing a sound engineering reputation and ultimately a luxury car, luxury price tag, ...
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Division (business)
A division, sometimes called a business sector or business unit (segment), is one of the parts into which a business, organization or company is divided. Overview Divisions are distinct parts of a business. If these divisions are all part of the same company, then that company is legally responsible for all of the obligations and debts of the divisions. In the banking industry, an example would be East West Bancorp and its primary subsidiary, East West Bank. Legal responsibility Subsidiaries are separate, distinct Commercial law, legal entities for the purposes of taxation, regulation and Legal liability, liability. For this reason, they differ from divisions, which are businesses fully integrated within the main company, and not legally or otherwise distinct from it. The ''Houston Chronicle'' highlighted that the creation of a division "is substantially easier than developing subsidiaries. Because a division is an internal segment of a company, not an entirely separate enti ...
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Saab 9-3
The Saab 9-3 (pronounced ''nine-three'') is a compact executive car initially developed and manufactured by the Swedish automaker Saab. The first generation 9-3 (1998–2003) is based on the GM2900 platform, changing to the GM Epsilon platform with the introduction of the second-generation car (2003–2012). Other vehicles using this platform include the Opel Vectra, Chevrolet Malibu, and Cadillac BLS. National Electric Vehicle Sweden (NEVS), Saab's then parent company briefly assembled a few 9-3 sedans during 2013 and 2014. Overview The car was badged as 93 starting in the 1998 model year when Saab revised the naming of the smaller car to match that of the larger 95 version. The model was marketed as 9-3, pronounced as "nine three.” The Saab 9-3 was launched in 1998 for the 1999 model year essentially as a rebadged second-generation Saab 900 (1994–1998 model) and succeeded by a redesigned 9-3 for the 2003 model year. It is not related to the Saab 93 ("ninety-three ...
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World War II
World War II or the Second World War (1 September 1939 – 2 September 1945) was a World war, global conflict between two coalitions: the Allies of World War II, Allies and the Axis powers. World War II by country, Nearly all of the world's countries participated, with many nations mobilising all resources in pursuit of total war. Tanks in World War II, Tanks and Air warfare of World War II, aircraft played major roles, enabling the strategic bombing of cities and delivery of the Atomic bombings of Hiroshima and Nagasaki, first and only nuclear weapons ever used in war. World War II is the List of wars by death toll, deadliest conflict in history, causing World War II casualties, the death of 70 to 85 million people, more than half of whom were civilians. Millions died in genocides, including the Holocaust, and by massacres, starvation, and disease. After the Allied victory, Allied-occupied Germany, Germany, Allied-occupied Austria, Austria, Occupation of Japan, Japan, a ...
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Swedish Air Force
The Swedish Air Force ( or just ) is the air force Military branch, branch of the Swedish Armed Forces. History The Swedish Air Force was created on 1 July 1926 when the aircraft units of the Army and Navy were merged. Because of the escalating international tension during the 1930s the Air Force was reorganized and expanded from four to seven squadrons. World War II When World War II broke out in 1939 further expansion was initiated and this substantial expansion was not finished until the end of the war. Although Sweden never entered the war, a large air force was considered necessary to ward off the threat of invasion and to resist pressure through military threats from the great powers. By 1945 the Swedish Air Force had over 800 combat-ready aircraft, including 15 fighter divisions. A major problem for the Swedish Air Force during World War II was the lack of fuel. Sweden was surrounded by countries at war and could not rely on imported oil. Instead domestic oil shale wa ...
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Linköping
Linköping ( , ) is a city in southern Sweden, with around 167,000 inhabitants as of 2024. It is the seat of Linköping Municipality and the capital of Östergötland County. Linköping is also the episcopal see of the Diocese of Linköping (Church of Sweden) and is well known for its cathedral. Linköping is the center of an old cultural region and celebrated its 700th anniversary in 1987. Dominating the city's skyline from afar is the steeple of Linköping Cathedral, the cathedral (). Nowadays, Linköping is known for its Linköping University, university and its High tech, high-technology industry. Linköping wants to create a sustainable development of the city and therefore plans to become a Carbon neutrality, carbon-neutral community by 2025. Located on the Östergötland Plain, Linköping is closely linked to Norrköping, roughly to the east, near the sea. History The city is possibly named after the ''Lionga thing, Lionga ting'' assembly which according to Medieval ...
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Aktiebolag
(, " stock company") is the Swedish term for "limited company" or "corporation". When used in company names, it is abbreviated as "AB" (in Sweden), "Ab" (in Finland), or, rarely, "A/B" (dated), roughly equivalent to the abbreviations ''Corp.'', '' Ltd.'', and '' PLC''. The state authority responsible for registration of aktiebolag in Sweden is called the Swedish Companies Registration Office. Sweden All ''aktiebolag'' are divided into two categories: private limited companies and public limited companies. The name of a private limited company may not contain the word ''publikt'' ("public") and the name of a public limited company may not contain the word ''privat'' or ''pvt.'' ("private"). Public A public limited company (''publikt aktiebolag'') is legally denoted as "AB (publ.)" in Sweden or "Abp" in Finland. A Swedish public limited company must have a minimum share capital of 500,000 Swedish kronor and its shares can be offered to the public on the stock market. T ...
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SAAB 96 De Luxe 1964
Saab or SAAB may refer to: Brands and enterprises * Saab AB, a Swedish aircraft, aerospace and defence company, still known as SAAB, and together with subsidiaries as Saab Group ** Datasaab, a former computer company, started as spin off from Saab AB * Saab Automobile, a former Swedish automobile manufacturer, formerly a division of Saab AB ** SaabO, a caravan (camper/travel trailer) produced by Saab Automobile from 1964 to 1968 * Saab-Scania, the former corporate group formed by Saab AB and Scania-Vabis People with the surname * Alejandro Saab (born 1994), American voice actor * Alex Saab (born 1971), Colombian businessman charged with money laundering * Elie Saab (born 1964), Lebanese fashion designer * Hassan Saab (1922–1990), Lebanese diplomat and political scientist * Jocelyne Saab (1948–2019), Lebanese filmmaker * Karim Saab (born 2001), Venezuelan footballer * Tarek William Saab (born 1963), Venezuelan politician * Tarek Saab (businessman), candidate on ''The Apprentice' ...
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Ursaab
Ursaab (lit. ''Proto-Saab''), also known as 92001 and X9248, was the first of four prototype cars made by Saab AB, which at that time was solely an aeroplane manufacturer, leading to production of the first Saab car, the Saab 92 in 1949. The car is now in the Saab Car Museum in Trollhättan. The name "Ursaab" means "original Saab". The model was developed by a 16-person team led by engineer Gunnar Ljungström and designer Sixten Sason. Design An automobile design project was started in 1945 by Saab AB, a manufacturer of warplanes, with the internal name X9248. The design project became formally known as Project 92; the 92 being next in production sequence after the Saab 91, a single engine trainer aircraft. The aim was to design a car that would compete with small German cars like Opel Kadett, VW Beetle, DKW and Adler. The target consumer price was 3200 SEK. Bror Bjurströmer, who was then head of the design department, developed a 1:25 scale sketch and the overall design sp ...
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National Electric Vehicle Sweden
NEVS AB (an abbreviated form of "National Electric Vehicle Sweden") was a Swedish electric car manufacturer which acquired the assets of Saab Automobile from a bankruptcy estate in 2012. After facing numerous financial difficulties, the company laid off most of its employees in March 2023, with both Polestar and EV Electra interested in buying the former Trollhättan factory. History Acquisition of Saab Automobile NEVS was established by Hong-Kong based energy company National Modern Energy Holdings (NME) and Japanese investment company Sun Investment, for the sole purpose of acquiring Saab's bankruptcy assets. The company's bid was successful and NEVS acquired the main assets of the Saab Automobile bankruptcy estates in August 2012, intending to run an electric vehicle business at the Saab factory in Trollhättan. NEVS signed a licensing agreement with Saab AB regarding the rights to use the Saab brand name for its future vehicles. The vehicles and related products and ...
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Bankruptcy
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have, meaning the term ''bankruptcy'' is not a synonym for insolvency. Etymology The word ''bankruptcy'' is derived from Italian language, Italian , literally meaning . The term is often described as having originated in Renaissance Italy, where there allegedly existed the tradition of smashing a banker's bench if he defaulted on payment. However, the existence of such a ritual is doubted. History In Ancient Greece, bankruptcy did not exist. If a man owed and he could not pay, he and his wife, children or servants were forced into "debt slavery" until the creditor recouped losses through their Manual labour, physical labour. Many city-states in ancient Greece lim ...
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The Atlantic
''The Atlantic'' is an American magazine and multi-platform publisher based in Washington, D.C. It features articles on politics, foreign affairs, business and the economy, culture and the arts, technology, and science. It was founded in 1857 in Boston as ''The Atlantic Monthly'', a literary and cultural magazine that published leading writers' commentary on education, the abolition of slavery, and other major political issues of that time. Its founders included Francis H. Underwood and prominent writers Ralph Waldo Emerson, Oliver Wendell Holmes Sr., Henry Wadsworth Longfellow, Harriet Beecher Stowe, and John Greenleaf Whittier. James Russell Lowell was its first editor. During the 19th and 20th centuries, the magazine also published the annual ''The Atlantic Monthly Almanac''. The magazine was purchased in 1999 by businessman David G. Bradley, who fashioned it into a general editorial magazine primarily aimed at serious national readers and " thought leaders"; in 201 ...
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Luxury Car
A luxury car is a passenger automobile providing superior comfort levels, features, and equipment. More expensive materials and surface finishes are used, and buyers expect a correspondingly high quality (business), build quality. The term is relative and unavoidably subjective, reflecting both objective qualities of a car and projected and perceived brand image, image of the vehicle's brand, marque. Luxury brands rank above ''premium brands'', though there is no clear distinction between the two. Luxury cars span from sports cars to large Saloon (car), saloons and sport utility vehicles. "Compact car, Compact" luxury vehicles also fill a niche. Classification standards Several car classification schemes include a luxury category, such as: * Australia: Since the year 2000, the Federal Government's luxury car tax applies to new vehicles over a certain purchase price, with higher thresholds applying for cars considered as fuel efficient. As of 2019, the thresholds were appr ...
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