Saab Automobile AB, better known as Saab is a Swedish car manufacturer currently under receivership. It was formed in 1945 out of Saab AB, Svenska Aeroplan AB, a Swedish aerospace and defence company, when Saab AB started a project to design a small automobile. The Saab 92, Saab's first production model, was launched in 1949. The parent company merged with Scania-Vabis in 1968, and ten years later, in 1978, launched the Saab 900, Saab's best-selling and most iconic model. In 1989, the Saab car division of Saab-Scania was restructured into an independent company, Saab Automobile AB; General Motors (GM), with an investment of US$600 million, owned 50%. GM exercised their option to acquire the remaining Saab shares in 2000, spending US $125 million to turn the company into a wholly owned subsidiary. GM sold it to the Dutch automobile manufacturer Spyker Cars N.V. in 2010.
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Tuesday, 15 May 2012
Saleen
Saleen, Incorporated, commonly known as Saleen, was an American manufacturer of high-performance sports cars and high-performance automotive parts in Troy, Michigan, formerly based in Irvine, California. Founded by Steve Saleen in 1983, Saleen was a Delaware corporation owned by Hancock Park Associates from 2001 to 2009.
Saleen manufactured limited edition, high-performance vehicles. Saleen was an automotive original equipment manufacturer (OEM) and was the last American small car manufacturer bearing OEM status. Unlike aftermarket tuner companies, Saleen was subject to the same federal regulations governing design and testing of their automotive products as larger vehicle manufacturers such as Ford, General Motors, and/or Toyota. Most of Saleen's vehicles were highly modified versions of existing mass-produced sports cars such as the Ford Mustang. Saleen produced over 8,000 modified Mustangs from 1983 through 2009. It also produced modified versions of a number of other Ford models.
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Saleen manufactured limited edition, high-performance vehicles. Saleen was an automotive original equipment manufacturer (OEM) and was the last American small car manufacturer bearing OEM status. Unlike aftermarket tuner companies, Saleen was subject to the same federal regulations governing design and testing of their automotive products as larger vehicle manufacturers such as Ford, General Motors, and/or Toyota. Most of Saleen's vehicles were highly modified versions of existing mass-produced sports cars such as the Ford Mustang. Saleen produced over 8,000 modified Mustangs from 1983 through 2009. It also produced modified versions of a number of other Ford models.
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