AutoGuide.com News » Saab http://www.autoguide.com/auto-news Sun, 20 Jul 2014 13:29:25 +0000 en-US hourly 1 http://wordpress.org/?v=3.8.1 AutoGuide.com News » Saab http://www.autoguide.com/auto-news/wp-content/themes/autoguide-proper/img/logo_autoguide_red.gif http://www.autoguide.com/auto-news Should I Buy a Used Saab 9-2x? http://www.autoguide.com/auto-news/2014/06/buy-used-saab-9-2x.html http://www.autoguide.com/auto-news/2014/06/buy-used-saab-9-2x.html#comments Wed, 18 Jun 2014 17:02:59 +0000 http://www.autoguide.com/auto-news/?p=248238 Should I Buy a Used Saab 9-2x? Should I Buy a Used Saab 9-2x?
The Classic Tale of the Saabaru Vehicle Overview In 2005 Saab wanted a compact vehicle to sell in North America against products like the Audi A3 and Volvo V50. At the time GM owned Saab completely and had an influential ownership share in Subaru. To fill the gap in Saab’s lineup, the company began to... more]]>
The Classic Tale of the Saabaru

2005-Saab-9-2x-Main-01

Vehicle Overview

In 2005 Saab wanted a compact vehicle to sell in North America against products like the Audi A3 and Volvo V50. At the time GM owned Saab completely and had an influential ownership share in Subaru. To fill the gap in Saab’s lineup, the company began to sell a version of the Subaru Impreza wagon with Saab family styling front and back as well as a more premium interior. Other than that, the vehicle was mechanically similar to the Subaru and features the Impreza’s basic body shell.

Like the Impreza, the Saab 9-2x was offered with the regular 2.5-liter horizontally opposed engine as well as the WRX’s 2.0-liter turbocharged four. In 2006, a few 2.5-liter turbocharged vehicles were produced and to this day are the rarest of the model line.

2005-Saab-9-2x-08.jpg

Trims Packages

Both years offered two trim options: the base model Linear and the turbocharged Aero. Option packages could be added to either version.

Top 3 Reasons to Buy

  1. All-Wheel Drive – As can be expected of any Subaru-based vehicle, all-wheel drive is a the main reason many people buy the Saab 9-2x. 2005-Saab-9-2x-10.jpgConsidered one of the best systems for wintery weather, those who opt for the 9-2x Aero also like the performance advantage of the AWD system.
  2. Practicality – The 9-2x is a wagon and therefore it can carry quite a bit of stuff for its size, especially with the rear seats folded down. The combination of practicality in a unique, fun-to-drive package enticed a lot of current owners.
  3. Price – Since the vehicle is officially branded as a Saab, a now defunct company, many people stay away from the 9-2x. This drives resale value down and a similar condition 9-2x is cheaper than its Impreza counterpart, despite all major components being the same.

Top 3 Problem Areas

  1. Both manual transmissions and the four-speed automatics 2005-Saab-9-2x-11.jpghave their share of issues in this car. Of particular note are various issues with the five-speed manual in the turbocharged Aero cars that also houses the front differential in the transmission casing.
  2. Like the Impreza this car is based on, the 9-2x is susceptible to rust on the rear three quarter panels. Prospective buyers should check the fender as well as inside the wheel well where the fender meets the rear bumper for rust.
  3. Many people have complained to NHTSA that a distinct raw fuel scent can be smelled inside the cabin of the 9-2x during very cold days. Once again, the Impreza suffers from this issue and did have a fix issued for it.

Before You Buy

Like any used car, check to ensure there aren’t any outstanding recalls that need to be addressed and take a test drive to listen for any abnormal driveline/transmission noises. Check the rocker panels, rear quarter panels and underbody for rust in more northern climates, especially if you live in an area where the roads are salted.

With the 9-2x Aero in particular, ask if there is a service history on the car and enquire about any previous and/or current modifications made to the vehicle. These are Subaru WRXs after all and many owners have modified the vehicles for looks and performance.

2005-Saab-9-2x-06.jpg

Best Bang for Your Buck

This all comes down to what you are looking for in a used vehicle. If it is a practical, all-weather capable family car you are after, look for a 2005 9-2x Linear with the four-speed automatic. If it is a fun, rally-car-for-the-streets with some added functionality, go for the five-speed manual 9-2x Aero, especially the ultra-rare 2006 model with the larger 2.5-liter engine.

Recall and Crash Test Database

2005 IIHS Crash Test Rating Saab 9-2x
2006 IIHS Crash Test Rating Saab 9-2x
2005 NHTSA Crash Test Rating Saab 9-2x
2006 NHTSA Crash Test Rating Saab 9-2x
2005 NHTSA Recall Notices Saab 9-2x
2006 NHTSA Recall Notices Saab 9-2x

Looking for more information? Visit our Saab 9-2x Forum

Gallery: 2005-2006 Saab 9-2x

2005-Saab-9-2x-01.jpg2005-Saab-9-2x-03.jpg2005-Saab-9-2x-05.jpg2005-Saab-9-2x-04.jpg2005-Saab-9-2x-02.jpg2005-Saab-9-2x-09.jpg

The post Should I Buy a Used Saab 9-2x? appeared first on AutoGuide.com News.

]]>
http://www.autoguide.com/auto-news/2014/06/buy-used-saab-9-2x.html/feed 2 more]]>
Saab 9-3 Convertibles Recalled for Faulty Seat Belts http://www.autoguide.com/auto-news/2014/06/saab-9-3-convertibles-recalled-faulty-seat-belts.html http://www.autoguide.com/auto-news/2014/06/saab-9-3-convertibles-recalled-faulty-seat-belts.html#comments Fri, 13 Jun 2014 15:01:02 +0000 http://www.autoguide.com/auto-news/?p=247723 Saab 9-3 Convertibles Recalled for Faulty Seat Belts Saab 9-3 Convertibles Recalled for Faulty Seat Belts
Saab as we used to know it is gone, but its vehicles can still come under a recall and that’s exactly what’s happening today. General Motors is initiating a recall campaign that will call back 28,789 Saab 9-3 convertibles ranging from the 2004 to 2011 model years. As you probably already know, Saab was a... more]]>
2008-saab-9-3-convertible

Saab as we used to know it is gone, but its vehicles can still come under a recall and that’s exactly what’s happening today.

General Motors is initiating a recall campaign that will call back 28,789 Saab 9-3 convertibles ranging from the 2004 to 2011 model years. As you probably already know, Saab was a wholly-owned subsidiary of GM during the production of those models until 2010 when the company was sold to Spyker Cars.

As such, the 9-3 is based on a General Motors platform and used the company’s Ecotec four-cylinder engines during the second generation. The automatic tensioning cable for the driver seat belt could break in certain models and in those cases, the seat belt won’t retract.

General Motors said in a statement that the parts used in convertible models are different from the sedans, which were investigated at the same time. Owners can expect the company to contact them with a request to bring their vehicles into a dealer for service. The company says it learned of the defect through customer complaints filed with the U.S. National Highway Traffic Safety Administration.

The recall covers driver side retractors, but GM also said it is extended special coverage to the passenger side equipment so that if the same repair is required on that side, it will also be covered for the life of the vehicle.

Discuss this story at our Saab forum

The post Saab 9-3 Convertibles Recalled for Faulty Seat Belts appeared first on AutoGuide.com News.

]]>
http://www.autoguide.com/auto-news/2014/06/saab-9-3-convertibles-recalled-faulty-seat-belts.html/feed 0 more]]>
Saab 9-3 Production Halted on Financial Concerns http://www.autoguide.com/auto-news/2014/05/saab-9-3-production-halted-due-financial-concerns.html http://www.autoguide.com/auto-news/2014/05/saab-9-3-production-halted-due-financial-concerns.html#comments Wed, 21 May 2014 11:15:56 +0000 http://www.autoguide.com/auto-news/?p=244987 Saab 9-3 Production Halted on Financial Concerns Saab 9-3 Production Halted on Financial Concerns
Are financial problems brewing again for Swedish automaker Saab? National Electric Vehicle Sweden (NEVS) has released a statement that production on the 9-3 has been halted as one of NEVS’ shareholders, Qingbo Investment Co. Ltd. has not fulfilled its contractual obligation to finance the operations. In addition to stopping production, the company has had to... more]]>
saab-9-3-aero

Are financial problems brewing again for Swedish automaker Saab?

National Electric Vehicle Sweden (NEVS) has released a statement that production on the 9-3 has been halted as one of NEVS’ shareholders, Qingbo Investment Co. Ltd. has not fulfilled its contractual obligation to finance the operations. In addition to stopping production, the company has had to reduce its workforce, but remains positive that long term financing will be secured.

SEE ALSO: 2014 Saab 9-3 Production Officially Begins

NEVS’ main owner, National Modern Energy Holdings Ltd. (NME) has become the sole financier of the company and recently transferred a large sum of funds along with making additional investments in China, such as the new battery factory and the technology development center. The company iterated that its assets are significantly higher than its debt and NEVS “is planning to use short term credits to cover all outstanding and near term obligations until the long term financing is secured.”

GALLERY: Saab 9-3 Aero

saab-9-3-aero-01.jpgsaab-9-3-aero-02.jpgsaab-9-3-aero-03.jpgsaab-9-3-aero-04.jpgsaab-9-3-aero-05.jpgsaab-9-3-aero-07.jpgsaab-9-3-aero-08.jpg

[Source: The Wall Street Journal]

Discuss this story at our Saab forum

The post Saab 9-3 Production Halted on Financial Concerns appeared first on AutoGuide.com News.

]]>
http://www.autoguide.com/auto-news/2014/05/saab-9-3-production-halted-due-financial-concerns.html/feed 2 more]]>
2014 Saab 9-3 Production Officially Begins http://www.autoguide.com/auto-news/2013/12/2014-saab-9-3-production-officially-begins.html http://www.autoguide.com/auto-news/2013/12/2014-saab-9-3-production-officially-begins.html#comments Thu, 05 Dec 2013 22:45:40 +0000 http://www.autoguide.com/auto-news/?p=224825 2014 Saab 9-3 Production Officially Begins 2014 Saab 9-3 Production Officially Begins
Production of the 2014 Saab 9-3 has officially commenced at the Swedish automaker’s plant in Trollhattan. Saab announced that the 2014 model year 9-3 Aero will be powered by a 2.0-liter turbocharged gasoline engine with 220 hp with initial markets targeting China and Sweden. It is currently unclear whether or not Saab will make a... more]]>
2014-saab-9-3

Production of the 2014 Saab 9-3 has officially commenced at the Swedish automaker’s plant in Trollhattan.

Saab announced that the 2014 model year 9-3 Aero will be powered by a 2.0-liter turbocharged gasoline engine with 220 hp with initial markets targeting China and Sweden. It is currently unclear whether or not Saab will make a return to North America or other European countries.

“It is truly a complex mission to start a car production process which has been still for two and a half years,” said NEVS President Mattias Bergman. “It is very pleasing that we have embarked on a journey where we want to and will make a difference with our partners and customers.”

SEE ALSO: Saab 9-3 to Start Trickling from Trollhattan

Joining the Saab model lineup in spring 2014 will be an electric 9-3 model. According to the automaker, NEVS’ partner and part owner Qingdao has placed an initial order of 200 electric vehicles for a pilot fleet. But for now, the standard gasoline-powered model will be on sale through NEVS’ website starting December 10 with the manual-equipped version priced from around $43,000.

“Our electric car will be launched next year, and already today we can offer Saab cars with continued high, proven performance and quality,” Bergman said.

GALLERY: 2014 Saab 9-3

2014-saab-9-3-1.jpg2014-saab-9-3-2.jpg

Discuss this story at our Saab forum.

The post 2014 Saab 9-3 Production Officially Begins appeared first on AutoGuide.com News.

]]>
http://www.autoguide.com/auto-news/2013/12/2014-saab-9-3-production-officially-begins.html/feed 0 more]]>
Saab 9-3 to Start Trickling from Trollhattan on Monday http://www.autoguide.com/auto-news/2013/11/saab-9-3-to-start-trickling-from-trollhattan-on-monday.html http://www.autoguide.com/auto-news/2013/11/saab-9-3-to-start-trickling-from-trollhattan-on-monday.html#comments Fri, 29 Nov 2013 14:45:28 +0000 http://www.autoguide.com/auto-news/?p=224134 Saab 9-3 to Start Trickling from Trollhattan on Monday Saab 9-3 to Start Trickling from Trollhattan on Monday
Saab will resume production of the 9-3 on Monday at its Trollhattan, Sweden facility. The company’s long road to temporary ruin came to a head almost exactly two years ago when it was forced to file for bankruptcy. At the time, it was owned by Dutch company Spyker N.V. but has since been scooped up... more]]>
2009-Saab-9-3-XWD-home_rdax_646x396

Saab will resume production of the 9-3 on Monday at its Trollhattan, Sweden facility.

The company’s long road to temporary ruin came to a head almost exactly two years ago when it was forced to file for bankruptcy. At the time, it was owned by Dutch company Spyker N.V. but has since been scooped up by National Electric Vehicle Sweden (NEVS). The company confirmed to Automotive News that production well resume next week on Monday at a “humble” pace.

An agreement between NEVS and parts suppliers allowed production to resume and is likely behind the modest volume. While Saab hasn’t said as much, the slow start probably has to do with reluctance by suppliers to tool up for a product with such an uncertain future.

SEE ALSO: Saab’s Return to US Possible

The upcoming 9-3s will use a turbocharged gasoline engine, although it isn’t clear if it will be the same GM-sourced mill as before. The previous generation of 9-3 was based on General Motors’ front-wheel drive Epsilon platform shared with the Chevrolet Malibu. Before the brand went under, plans were in place for a third generation intended to arrive in 2012 as a 2013 model.

The 9-3 will closely resemble the last production version, although NEVS has previously expressed plans to built the 9-3 on Saab’s Phoenix platform. NEVS, which is owned by Hong Kong-based National Modern Energy Holdings, will also built an electric version of the 9-3 meant initially for the Chinese market.  Production of that version is supposed to begin in 2014.

U.S. sales are possible, but the company will initially market its products in Europe and China.

GALLERY: Saab 9-3

1202659.jpg1202660.jpg1202666.jpg

[Source: Automotive News]

Discuss this story at our Saab forum.

The post Saab 9-3 to Start Trickling from Trollhattan on Monday appeared first on AutoGuide.com News.

]]>
http://www.autoguide.com/auto-news/2013/11/saab-9-3-to-start-trickling-from-trollhattan-on-monday.html/feed 4 more]]>
Top 10 Recently Extinct Car Brands Millennials Probably Won’t Remember http://www.autoguide.com/auto-news/2013/11/top-10-recently-extinct-car-brands-millennials-probably-wont-remember.html http://www.autoguide.com/auto-news/2013/11/top-10-recently-extinct-car-brands-millennials-probably-wont-remember.html#comments Fri, 01 Nov 2013 14:35:58 +0000 http://www.autoguide.com/auto-news/?p=220428 Top 10 Recently Extinct Car Brands Millennials Probably Won’t Remember Top 10 Recently Extinct Car Brands Millennials Probably Won’t Remember
Everybody loves talking about millennials but nobody does anything about them. Roughly speaking this demographic encompasses young – and not-so-young – folks born in the early 1980s to about 2000. With birth years spanning two decades this is a huge group of very diverse people. As an increasingly popular storyline goes, we love our smartphones... more]]>

Top-10-Cars-Your-Kids-Won't-Remember-Main-ArtEverybody loves talking about millennials but nobody does anything about them. Roughly speaking this demographic encompasses young – and not-so-young – folks born in the early 1980s to about 2000. With birth years spanning two decades this is a huge group of very diverse people.

As an increasingly popular storyline goes, we love our smartphones and Twitter accounts more than cars and the physical world around us (yes, I’m part of this maligned group, as are many of my illustrious AutoGuide colleagues). Supposedly millennials would rather text message and Facebook chat with their friends than jump in a vehicle and drive somewhere to actually meet up.

SEE ALSO: High Unemployment to Blame for Drop in Teen Driving

Of course this opinion is open to debate but one thing is not: a whole lot of automotive makes have vanished during our lifetimes. Naturally some deserved to die, but others were the victim of financial distress, or worse, disastrous management. As such, here’s a list of the Top 10 Recently Extinct Car Brands That Millennials Probably Won’t Remember.

The post Top 10 Recently Extinct Car Brands Millennials Probably Won’t Remember appeared first on AutoGuide.com News.

]]>
http://www.autoguide.com/auto-news/2013/11/top-10-recently-extinct-car-brands-millennials-probably-wont-remember.html/feed 19 more]]>
Saab Resumes Production at Trollhattan Plant http://www.autoguide.com/auto-news/2013/09/saab-resumes-production-at-trollhattan-plant.html http://www.autoguide.com/auto-news/2013/09/saab-resumes-production-at-trollhattan-plant.html#comments Thu, 19 Sep 2013 11:31:18 +0000 http://www.autoguide.com/auto-news/?p=215220 Saab Resumes Production at Trollhattan Plant Saab Resumes Production at Trollhattan Plant
Saab‘s production has resumed at the Swedish automaker’s Trollhattan plant as a prototype 9-3 sedan has rolled off the assembly line. After filing bankruptcy, Saab found a new owner in National Electric Vehicle Sweden (NEVS) and the brand is now officially back in business. As for the prototype 9-3 that was built, while Saab hasn’t... more]]>
saab-emblem

Saab‘s production has resumed at the Swedish automaker’s Trollhattan plant as a prototype 9-3 sedan has rolled off the assembly line.

After filing bankruptcy, Saab found a new owner in National Electric Vehicle Sweden (NEVS) and the brand is now officially back in business. As for the prototype 9-3 that was built, while Saab hasn’t released any photos it looks just like the 9-3 of old, but is sporting some new technology under the hood. Unfortunately, NEVS and Saab didn’t elaborate on what’s there, but did promise that the new, upgraded facelift will be applied to future 9-3 production models.

SEE ALSO: Saab Poised to Resume Production, US Sales Possible

Essentially, the automaker is playing it safe to ensure that its new components are sound and function properly in testing before applying it to mass produced vehicles. It also wanted to calibrate its production line so that when production capacity is reached, it’s smooth sailing.

Once thought to be a casualty of the “Great Recession”, Saab is back. For now.

[Source: Saabs United]

Discuss this story at SaabCentral.com

The post Saab Resumes Production at Trollhattan Plant appeared first on AutoGuide.com News.

]]>
http://www.autoguide.com/auto-news/2013/09/saab-resumes-production-at-trollhattan-plant.html/feed 17 more]]>
Saab Poised to Resume Production, US Sales Possible http://www.autoguide.com/auto-news/2013/08/saab-poised-to-resume-production-us-sales-possible.html http://www.autoguide.com/auto-news/2013/08/saab-poised-to-resume-production-us-sales-possible.html#comments Wed, 21 Aug 2013 17:02:49 +0000 http://www.autoguide.com/auto-news/?p=211373 Saab Poised to Resume Production, US Sales Possible Saab Poised to Resume Production, US Sales Possible
In a little less than two years since it filed for bankruptcy, Swedish automaker Saab is back on track, hoping to restart production later this year. According to Mikael Oestlund, a spokesman for Saab’s new owner National Electric Vehicle Sweden (NEVS), the Saab Trollhattan plant is “practically ready” to begin production on the 9-3 model.... more]]>
saab-sign

In a little less than two years since it filed for bankruptcy, Swedish automaker Saab is back on track, hoping to restart production later this year.

According to Mikael Oestlund, a spokesman for Saab’s new owner National Electric Vehicle Sweden (NEVS), the Saab Trollhattan plant is “practically ready” to begin production on the 9-3 model. The automaker has hired around 300 personnel including team leads to oversee assembly and hopes to start production before the end of the year.

SEE ALSO: Saab U.S. Liquidation Plan Approved

According to Oestlund, the 9-3 that will enter production in the near future will be very similar to the 9-3 the automaker was producing before it filed for bankruptcy. The electric variant of the 9-3 however will get a significant facelift, and is planned to launch next year. Initially, Saab will return to selling vehicles in Europe and China only, with possible exports to U.S. later on down the road.

As for new models, NEVS plans to build future cars on the Phoenix architecture that was developed by Saab before it went bankrupt in 2011. The platform however, will be modified to remove components sourced from GM, which accounts for about 20 percent of its parts. In the interview with Automotive News Europe, Oestlund also elaborated on the 9-5 electric variant, which will use batteries built by sister company Beijing National Battery Technology. NEVS plans to build 120,000 units of the 9-3 per year by 2016.

[Source: Automotive News Europe]

Discuss this story at SaabCentral.com

The post Saab Poised to Resume Production, US Sales Possible appeared first on AutoGuide.com News.

]]>
http://www.autoguide.com/auto-news/2013/08/saab-poised-to-resume-production-us-sales-possible.html/feed 2 more]]>
Saab U.S. Liquidation Plan Approved http://www.autoguide.com/auto-news/2013/07/saab-u-s-liquidation-plan-approved.html http://www.autoguide.com/auto-news/2013/07/saab-u-s-liquidation-plan-approved.html#comments Wed, 17 Jul 2013 19:30:47 +0000 http://www.autoguide.com/auto-news/?p=206484 Saab U.S. Liquidation Plan Approved Saab U.S. Liquidation Plan Approved
The long story of Saab’s bankruptcy is starting to come to an end as the Swedish automaker has gained court approval for a plan in the U.S. to liquidate in order to pay back creditors. The U.S. Bankruptcy Court in Delaware signed off on Saab Cars North America Inc.’s plan to pay back its creditors... more]]>
saab-emblem

The long story of Saab’s bankruptcy is starting to come to an end as the Swedish automaker has gained court approval for a plan in the U.S. to liquidate in order to pay back creditors.

The U.S. Bankruptcy Court in Delaware signed off on Saab Cars North America Inc.’s plan to pay back its creditors and some portion of unsecured claims, while wiping out equity holders. Under the automaker’s liquidation plan, secured creditors will receive full payout.

As for unsecured claims, they are slated to earn between 25- to 82-percent recovery. Those claims total about $77 million so far, excluding contract rejection claims that are likely to be asserted by Saab’s U.S. dealers.

[Source: Reuters]

Discuss this story at SaabCentral.com

The post Saab U.S. Liquidation Plan Approved appeared first on AutoGuide.com News.

]]>
http://www.autoguide.com/auto-news/2013/07/saab-u-s-liquidation-plan-approved.html/feed 25 more]]>
General Motors Recalling 193,652 SUVs for Fire Risk http://www.autoguide.com/auto-news/2013/06/general-motors-recalling-193652-suvs-for-fire-risk.html http://www.autoguide.com/auto-news/2013/06/general-motors-recalling-193652-suvs-for-fire-risk.html#comments Sat, 15 Jun 2013 18:59:20 +0000 http://www.autoguide.com/auto-news/?p=201559 General Motors Recalling 193,652 SUVs for Fire Risk General Motors Recalling 193,652 SUVs for Fire Risk
General Motors is issuing a recall on 193,652 SUVs for a possible short in a circuit board that could potentially cause a fire. The affected vehicles are all from the 2006 and 2007 model years and include the Chevrolet Trailblazer (EXT included), GMC Envoy (XL included), Buick Rainier, Saab 9-7x, and the Isuzu Ascender. The... more]]>
2006-chevrolet-trailblazer

General Motors is issuing a recall on 193,652 SUVs for a possible short in a circuit board that could potentially cause a fire.

The affected vehicles are all from the 2006 and 2007 model years and include the Chevrolet Trailblazer (EXT included), GMC Envoy (XL included), Buick Rainier, Saab 9-7x, and the Isuzu Ascender. The issue centers around a circuit board located in the driver’s door that could corrode from water getting into the driver’s side door. If the board shorts out, the power door and window switches may stop working according to the American automaker. Even worse, the circuit board can overheat, leading to smoke or fire.

General Motors is advising owners of the affected vehicles to park them outside until they can be repaired. The automaker will be notifying affected owners and dealerships will repair the vehicles for free.

Discuss this story at GMInsideNews.com

The post General Motors Recalling 193,652 SUVs for Fire Risk appeared first on AutoGuide.com News.

]]>
http://www.autoguide.com/auto-news/2013/06/general-motors-recalling-193652-suvs-for-fire-risk.html/feed 0 more]]>
Three Former Saab Execs Arrested on Tax Charges http://www.autoguide.com/auto-news/2013/05/three-former-saab-execs-arrested-on-tax-charges.html http://www.autoguide.com/auto-news/2013/05/three-former-saab-execs-arrested-on-tax-charges.html#comments Wed, 22 May 2013 13:02:45 +0000 http://www.autoguide.com/auto-news/?p=197618 Three Former Saab Execs Arrested on Tax Charges Three Former Saab Execs Arrested on Tax Charges
Three former Saab executives, including former CEO Jan-Aake Jonsson, were arrested by Swedish prosecutors in an accounting fraud probe. Former Chief Financial Officer Karl-Gustav Lindstroem was also among the three that were arrested and questioned on suspicion of “grave attempts to complicate tax controls” during 2010 and 2011. Court documents revealed that Saab’s former general... more]]>
saab-emblem

Three former Saab executives, including former CEO Jan-Aake Jonsson, were arrested by Swedish prosecutors in an accounting fraud probe.

Former Chief Financial Officer Karl-Gustav Lindstroem was also among the three that were arrested and questioned on suspicion of “grave attempts to complicate tax controls” during 2010 and 2011. Court documents revealed that Saab’s former general counsel Kristina Geers was the third person detained and questioned.

The accounting fraud probe is reviewing incidents that occurred before the Swedish automaker filed bankruptcy.

“We will evaluate the questioning from yesterday and after that the people will be subject to further questioning and this afternoon I will decide whether to keep them in custody or release them,” said Olof Sahlgren, the Swedish Economic Crime Authority’s chief prosecutor. “It’s about accounting measures to complicate the control operation of the tax authority regarding the calculation of taxes and fees.

[Source: Automotive News]

Discuss this story at SaabScene.com

The post Three Former Saab Execs Arrested on Tax Charges appeared first on AutoGuide.com News.

]]>
http://www.autoguide.com/auto-news/2013/05/three-former-saab-execs-arrested-on-tax-charges.html/feed 0 more]]>
Audi, MINI Among Those with Highest Engine Failure Rates http://www.autoguide.com/auto-news/2013/01/audi-mini-among-those-with-highest-engine-failure-rates.html http://www.autoguide.com/auto-news/2013/01/audi-mini-among-those-with-highest-engine-failure-rates.html#comments Mon, 21 Jan 2013 12:31:26 +0000 http://www.autoguide.com/auto-news/?p=177565 Audi, MINI Among Those with Highest Engine Failure Rates Audi, MINI Among Those with Highest Engine Failure Rates
According to a recent study in the UK, Audi and MINI are among the automakers with the most engine failures. In a poll conducted by Warranty Direct , the company studied its claims data to compile the study, with Honda, Toyota, and Mercedes-Benz topping the lists of automakers with the most reliable engines. Honda had... more]]>

According to a recent study in the UK, Audi and MINI are among the automakers with the most engine failures.

In a poll conducted by Warranty Direct , the company studied its claims data to compile the study, with Honda, Toyota, and Mercedes-Benz topping the lists of automakers with the most reliable engines. Honda had an engine failure of 0.29 percent, while Toyota came in second with 0.58 percent. Mercedes had one engine failure for every 119 engines, a failure rate of 0.84 percent.

SEE MORE: Are German Cars Reliable?

It should be noted that the study was performed in the UK and so does not include data on the Big Three (Chrysler, Ford and GM), while it does include data on cars from automakers not offered in North America, including MG Rover, which topped the list for the most engine failures with a 7.88-percent failure rate. Audi was second worst with a 3.71 percent while MINI was in third with 2.51 percent. It’s also worth noting that BMW was in seventh place and Volkswagen came ninth from the bottom.

The study conducted had 36 automakers on it, with Audi, BMW, MINI, and Volkswagen all finishing in the bottom 10.

[Source: Autoexpress UK]

Discuss this story at Audi-Forums.com

The post Audi, MINI Among Those with Highest Engine Failure Rates appeared first on AutoGuide.com News.

]]>
http://www.autoguide.com/auto-news/2013/01/audi-mini-among-those-with-highest-engine-failure-rates.html/feed 3 more]]>