Home / Auto News / News article: Saab Phoenix Architecture Sold to China's Youngman - AutoGuide.com News
 |  Dec 22 2011, 10:45 PM

Though Youngman’s attempts to save Saab proved futile, it appears that the Chinese automaker isn’t giving up on Saab-related assets. Youngman announced that they’ve acquired the rights to Saab’s Phoenix vehicle architecture and also announced that they have intentions of setting up a firm in Sweden to develop a new car based on the Phoenix platform.

The Phoenix vehicle architecture was originally designed by Saab and was going to be used for the next-generation 9-3. It is believed that the platform is not based on any previous General Motors-based designs.

Now the more interesting fight may begin, with Saab entering bankruptcy. Will Youngman try to pull some sort of ploy where they’ll successfully acquire Saab’s name, branding and factory?

[Source: Left Lane News]

  • hans

    Bravo gentlemen ,Well played.I knew they could do it… Screw GM.
    Saab is better for being divorced completely from GM.It takes vision
    and artistic development to carry an iconic brand like Saab forward.
    GM wishes they had the customer devotion Saab owners have for their Saab.
    GM just never got it,the Saab thing,performance and technology way ahead of its time, the choice of engineers, scientists and slim turtleneck geeks worldwide.A geek is a brainy person with a preoccupation for technology and
    all things advanced,like Saab.There was never anything General about Saab.

  • Walton

    GOD I HOPE SO! I HAVE GREAT FAITH IN VICTOR MULLER AND CHINESE WEALTH! SCREW GM AKA COMMUNIST MOTORS, STEALING TAXPAYER MONEY, RUINING SAAB, ETC!

  • Richard Joash Tan

    You’re both bullshit! Stop with the Anti-GM hate comments!

  • Philip

    Why Richard? They have ruined an automaker that has supplied GM with new technology for 20 years.

  • Chris Bentley

    Saab is too good for GM. Having owned Mercs and now the latest 9-5…..the car is fabulous, let’s hope they can find a way forward.

  • mark

    I need a new car i was going to get another 9-3, but with all the problems, i had planned on a volvo, but i think i will wait to see what sakes out now. You really cannot say anything good about GM other than they employ a lot a of Americans. Now if they could just build quality.

  • Rich

    When I am out driving my 2010 9-5 Aero and I see a Buick LaCrosse, I am reminded of the movie “Twins” with the 9-5 in the Arnold Schwarzenegger role and the Buick in the Danny DeVito role.