2006 Saab 95 Turbo Black on 2040-cars
Romulus, Michigan, United States
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2006 SAAB 95 W/Aero Package
Color: Metallic Black....Transmission: Automatic....122,000.....Price$8,500 We bought it form a former airplane pilot who routinely serviced this car at Luxury Motors of Downers Grove in Chicago. We purchased the car and had it close cover transported to SAAB of Troy for the rest of the warranty work, then off to Ann Arbor MI, where K&N(indie SAAB specialist) took over the service of the car. This car performs very well in all conditions and everything works perfect, it has the visibility package and 1 of 200 that was aero badged, aluminum dash and door treatments for the year 2006. The paint on the car is the special ordered black metallic which is in great shape by being meticulously hand waxed in the shade with carnuba paste, professional black plasti-dip factory wheels that can peel off easily to original silver if you prefer(also served as a protection to thee original silver finish of the wheel). Interior is perfect, drivers seat in great condition, no dash cracks or anything else mention. Front xenon headlights was both replaced at the sometime, tires are Sumitomo with 70% wear left on them. All done are: D.I ignition, crack sensor, bypass valve, full tuneup, serp belt, battery, throttle body, and all oil changes are done with Elf synthetic oil. Car is extremely fast and only should be driven by someone who knows how to properly transfer the power correctly. I would not hesitate to drive this car anywhere in the country, right now its set up to seriously driver another 600,000 + miles with proper SAAB care. *Hopefully the will be sold to a person that has equal knowledge of owning a super car like the 95 Aero 3138440849 terrence |
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Former Saab chairman Muller faces summons in tax inquiry
Thu, 23 May 2013Former Saab Chairman Victor Muller may be called in for questioning as part of an official inquiry into suspected tax evasion by three of the automaker's former executives. A prosecutor has officially named former CEO Jan-Ake Jonsson and two other executives in the investigation, and official court documents say that Muller will be called in by the Financial Crimes Unit. According to Reuters, prosecutors are currently looking into allegations that the executives worked to dodge taxes between 2010 and 2011, when the automaker finally went into bankruptcy.
The Truth About Cars reports the investigation may center around the $540,000 paid as consulting fees to Latin America Tug Holding NV, a company Muller owns. It's possible that the Swedish authorities believe the Saab executives were using the tug boat company as a tax haven, and that the automaker should have paid taxes and social security contributions on the money. Muller has not been charged.
Meanwhile, Muller is defending his earnings in a new interview with Automotive News. Having come under fire for his $773,000 salary at Saab, the Spyker CEO said his pay was commensurate with an executive running a company with 4,000 employees.
National Electric Vehicle stops Saab 9-3 production amidst financing woes
Tue, 20 May 2014It seems that quirky, Swedish automaker Saab might be on life support yet again. Its owner, National Electric Vehicle Sweden, has announced that it's reducing its workforce and temporarily halting production of the 9-3 due to financial problems. NEVS was only building six cars a day, anyway.
The company put out a press release admitting its economic woes, but it still appeared hopeful. NEVS claims it's developing "a new platform on the Phoenix architecture," and it has a frame agreement with an international automotive OEM. It didn't give any specific details about either one of these assertions though. According to The Wall Street Journal, NEVS needs the partnership to lower development costs in order to stay afloat. Saab spokesperson Mikael Ostlund told Autoblog in an email that the stop in production of the 9-3 in Trollhättan would last four weeks.
NEVS says it's in negotiation to sell a portion of the company to an automotive company. Its current monetary woes are caused by shareholder Qingbo Investment Company not financing the company as agreed. "We plan to have the results of the discussions at latest during June," said Ostlund.
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...