FACTBOX-Key facts about Saab as Spyker clinches deal

Jan 26 (BestGrowthStock) – Tiny Dutch sportscar maker Spyker
(SPYKR.AS: ) clinched a last-minute deal on Tuesday to buy
Sweden’s Saab, in an audacious attempt to turn around a
money-losing brand that only days ago was headed for oblivion.

For the main story click on [ID:nLDE60P2JX]

Below are some key facts about Saab:

* Headquartered in Trollhattan, southwestern Sweden

* Employed about 3,400 people in May 2009

* Sold 93,295 vehicles in 2008, or 1.1 percent of total GM
sales volume, down 25 percent from 2007

* Sales in 2009 to July 10 totalled 23,875 units


* Saab has not made a profit since 2001

* 2008 loss estimated at 3 billion Swedish crowns ($392
million). A similar result was expected for 2009.


* Saab has made cars in Trollhattan since 1949

* In 1969 Saab AB and truck manufacturer Scania-Vabis AB
merged under the name Saab Scania AB.

* GM bought 50 percent of the firm in 1989 when Saab
Automobile was established as an independent company, with
Investor AB (INVEb.ST: ) having the other 50 percent. GM bought
the rest of Saab Automobile in January 2000.


* Saab’s 9-5 and 9-3 models are built in Trollhattan. The
9-3 Cabriolet is made by Magna Steyr in Graz, Austria.

* There are is also a new 9-5 — presented last year at the
Frankfurt Auto Show — and plans for new 9-3 models and a 9-4
sports utility vehicle.

* China’s BAIC agreed late last year to buy technology from
Saab, including the intellectual property for Saab’s existing
9-5 and 9-3 models and some equipment to make them.


* GM Powertrain Sweden AB and SAAB Deutschland GmbH — the
latter has a German sales and service subsidiary

Sources: Reuters/Saab Automobile, GM Sweden, GM Europe,
Swedish Companies Registration Office


(Compiled by Carl Bagh, David Cutler and Carol Bishopric;
Editing by Helen Massy-Beresford/Will Waterman)

FACTBOX-Key facts about Saab as Spyker clinches deal