Swedish aerospace and defence group Saab (SAABb.ST) said on Tuesday it had bought TietoEnator's (TIE1V.HE) stake in a joint venture owned by the two companies. Saab said in a statement it had acquired the Finnish IT services firm's 60 percent holding in TietoSaab Systems, a joint venture specialised in command and control systems for the defence industry. The purchase price was not disclosed. Saab said the unit employed about 80 people and had net sales of 9.3 million euros last year.

Read

The Saab brand may soon be out of the hands of General Motors after a small firm in Sweden, Koenigsegg, said it would put in an offer. Koenigsegg has less than 50 employees. Koenigsegg sells specialised supercars which are tuned to top 400km/h and are regarded as some of the world’s best turned out vehicles. The two firms have already signed a letter of intent and financing has been put together by Swedish entrepreneurs.

Read

Actor and endorser Victor Basa finally broke his silence on reports that he and Isabella "Saab" Magalona, daughter of the late Master Rapper Francis Magalona, are now an item. In an interview with “SNN: Showbiz News Ngayon,” Basa cleared the issue, saying that he and Saab are just good friends. "Nagdi-dinner lang kami with friends... night out dinner lang with good friends," Basa said. Basa's statement stemmed from a report saying that he and Saab, a star in a youth-oriented show in a rival network, were seen going out together.

Read

A Swedish court yesterday gave Saab, General Motors' premium brand, more time to restructure in bankruptcy as it seeks an investor, writes John Reed. Saab filed for creditor protection on February 20 and now can continue its reorganisation until May 20, after which it can apply for another three-month extension, a spokesman for the Swedish marque said. Jan-Ake Jonsson, Saab's managing director, said that the carmaker had received interest from 20 "active parties" interested in buying it. Deutsche Bank is advising GM on the sale.

Read

At the upcoming Los Angeles International auto show, GM will present another special edition of its Saab 9-3 2.0T Convertible.

Read

The midsized sedan has been growing in all directions for decades, but soaring fuel prices have customers begging for something smaller. GM is heeding the call as it is preparing a smaller batch of next generation Saabs. The next 9-3 was originally slated to be underpinned by the Epsilon II, but in March GM decided to instead utilize the lower-medium Delta architecture.

Read

After unsuccessful attempts by its GM masters to repackage vehicles in the form of the 9-7X (upscale Chevy TrailBlazer) and 9-2X (Subaru WRX clone), Saab is attempting to re-focus its brand's cachet by drawing on its core principles of quirky yet attractive styling, highly efficient turbocharged powertrains, and its distinct aerospace heritage.

Read

Expansive blue skies set the scene for a perfect spring day in New England as an enthusiastic team from Saab greeted us journalist types and eagerly showed off the Swedish brand's newest top-level sedan, the TurboX. After a quick Powerpoint chat with Saab USA GM Steve Shannon and a stroll under a TurboX that was hoisted on a lift, we were making use of the Big Dig highway improvements on our way to several hours of blissful thrashing.

Read

X MARKS the spot when it comes to the future of Saab. The firm is getting serious about the development of its new SUV – as this picture of the latest prototype proves.

Read

These are the pictures that prove Saab is getting serious about the development of its new SUV. So say hello to the new 9-4X - which made its debut at the Detroit Auto Show as a biopower badged concept car.

Read

When Saab debuted the 9-X BioHybrid concept at the recent Geneva Motor Show, aerodynamics was a big part of the equation. The compact 9-X has a smooth, rounded nose, a raked back wrap-around windshield and a downward sloping roof. To help reduce the drag at the back end of the short body, a spoiler that wraps around the roof extends backward up to four inches. A new video featuring some of the designers talking about the aero work that they did has just been posted on the GMnext web site. You can check out the video after the jump.

Read

You know these names and have read about what these vehicles are and what they promise. Now, you can kick back and spend some time getting better acquainted with how these vehicles look. The gallery for the Sintesi
is below. Check out over 75 more photos after the jump.

Read

This could be the most important new Saab in decades! Just unveiled here at Geneva, the 9X concept gives the strongest hint yet of the quirky Swedish firm's forthcoming premium compact hatch. Set to go head-to-head with the BMW 1-Series, Audi A3 and Volvo C30, the rakish 9X could revive the struggling company's fortunes. It's also packed with hi-tech features and will be able to lay claim to the title of most efficient car in the class.
There's no doubting the Saab's style. At the front is a larger version of the familiar family grille, neat swept back headlamps and a distinctive wraparound windscreen. Smooth flanks with hidden door handles and mirrors replaced by rear-view cameras create what the designers call the 'fuselage look'.

Read

This has to be the coolest concept we’ve ever seen! It’s a life-size replica of Saab’s Aero X Coupé, carved within the walls of the Icehotel in northern Sweden. The ice sculpture is part of an exhibition to promote the Scandinavian manufacturer.

Read

To get the right ambience on the night it unveiled the Aero X at the Geneva auto show, Saab decided to surround the car in walls of giant ice blocks and trucked in 60 tons of the stuff from northern Sweden. It nearly didn't make it, as there was a disagreement about import duties when the trucks crossed the border into Switzerland. Geneva in late February is plenty cold, so why the big fuss over Swedish ice? Partly because it had the right balance of clarity and fissures, reminiscent of the etched and layered glass used in the lamps and instruments of the Aero X. But partly because Saab, a brand seemingly headed for oblivion a year ago, at last has fresh confidence in its Swedish identity and its independence.

Read