Saab 9 3 Convertible 2006 Water Damage! Project! Low Mileage! on 2040-cars
Rahway, New Jersey, United States
Body Type:Convertible
Engine:2.0L 1985CC l4 GAS DOHC Turbocharged
Vehicle Title:Salvage
Interior Color: Tan
Make: Saab
Number of Cylinders: 4
Model: 9-3
Trim: 2.0T Convertible 2-Door
Drive Type: FWD
Options: Leather Seats, CD Player, Convertible
Mileage: 999,999
Safety Features: Anti-Lock Brakes, Driver Airbag, Passenger Airbag, Side Airbags
Sub Model: ARC
Power Options: Air Conditioning, Cruise Control, Power Locks, Power Windows, Power Seats
Exterior Color: Blue
2006 SAAB 9-3 ARC CONVERTIBLE SALT WATER FLOOD VEHICLE! Description: Vehicle arrived with no keys, water appears to have gone above the center console / bottom seat cushion. Vehicle appears to have been a very clean low mileage vehicle . I was told the mileage was in the 20K range. I posted the vin # if you would like to run a car fax or Auto check report to see the last recorded mileage. The insurance company paid off $12,275.00 on this vehicle. This is a project for a mechanically inclined individual. I priced this vehicle very fair basically for parts $$. No sign of water in fluids. Equipped: Auto trans, leather interior, 2.0 liter 4-cylinder turbo engine, power heated seats, convertible top in excellent condition etc. Contact Allen 201-248-3818. I can arrange shipping at a reasonable rate. Contact me by phone if you are a serious buyer since my auctions do end early very often. Vehicle is being sold in condition "AS IS!" with a CT repairable salvage/flood title with "not the actual mileage! ". Please check your local salvage laws before bidding.
Saab 9-3 for Sale
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Auto blog
NEVS to build new Saab models in China's Qingdao
Thu, 10 Jan 2013National Electric Vehicle Sweden has officially signed a deal with Qingdao Qingbo Investment Company that will see the NEVS build EVs in Qingdao, China. The move is the first step on the road toward eventually selling vehicles in China. Reuters reports that the Chinese company has agreed to invest $307.33 million, after which point Qingdao Qingbo will receive 22 percent of the NEVS shares. Currently, there's no word on exactly when the funds and shares will change hands, but the Swedish automaker has previously said it fully intends to launch its first EV by early 2014.
NEVS has also made waves about potentially building a version of the old Saab 9-3 with a traditional internal combustion driveline. Currently, the manufacturer says it plans to ship the vehicles it builds in Sweden to the Qingdao port and distribute them to the rest of China from there. Later down the line, a manufacturing facility in Qingdao will supply the country with Chinese-built Saab models.
NEVS announces 200 layoffs as it says Saab restart will 'take time'
Fri, 26 Sep 2014For a fleeting moment a few weeks ago, the news from Saab-owner National Electric Vehicle Sweden appeared almost positive. The company had its reorganization plan approved (a day after it was denied), and the automaker was actually showing a real, running vehicle, albeit one with a top speed of 75 miles per hour. But those tiny crumbs of potential goodness have been swept away because NEVS has announced layoffs of as many as 200 factory employees in September "due to lack of work."
Workers probably shouldn't get too eager to return to the factory either, because company's "decision to re-start production will be further delayed" by an unspecified amount of time, NEVS says in a press release. To begin assembling cars again, the company needs to find long-term funding and a new majority owner. Those seem like two very steep hurdles for the embattled automaker to clear.
Despite not producing cars since May, NEVS still claims it's negotiating with a new owner, possibly Mahindra, but according to Reuters, the Swedish company owes about 400 million kronor ($56 million) to creditors. According to its layoff announcement, getting rid of these workers is one step in the business' reorganization plan to be presented on October 8. Scroll down to read its full release.
Saab US bankruptcy plan gets legal green-light
Thu, 18 Jul 2013It feels utterly bizarre that we're still talking about Saab, but Reuters is reporting that the bankrupt Swedish manufacturer's American arm has gotten approval from the US Bankruptcy Court to liquidate its assets and pay back creditors. As part of the plan, secured creditors like Ally Financial will receive full repayment. Unsecured creditors, consisting of those affected by abandoned leases and contracts will get anywhere from 25 to 82 percent of their money back.
There are currently $77 million in unsecured claims, according to Reuters, but that number doesn't include claims from former Saab dealers. Naturally, the entire affair is full of lawyers and legalese. A trust formed on the Saab side will be negotiating with creditors and their affiliates in an attempt to reduce claims against Saab. This sounds like the start of a long and sordid affair...