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The deal, set to close 30 September 2009, included US$600 million in financing from the European Investment Bank, guaranteed by the Swedish government. By comparison, in 2008 Koenigsegg with its staff of 45 produced 18 cars at an average price of US$1 million each; Saab employed 3,400 workers and made more than 93,000 cars. [24]
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Saab 96. Saab, "Svenska Aeroplan Aktiebolaget" (Swedish for "Swedish aeroplane corporation"), a Swedish aerospace and defence company, was created in 1937 in Linköping.The company had been established in 1937 for the express purpose of building aircraft for the Swedish Air Force to protect the country's neutrality as Europe moved closer to World War II.
The 9000 was launched to the motoring press at a conference at Kolmården Game Park on 24 May 1984 [13] and 1985 in the European market. This original model called "Saab 9000 Turbo 16" was a five-door hatchback, only available with a manual gearbox and the 2.0-litre turbocharged 4-cylinder engine with 16 valves, already known from the 900.
The poor sales of these cars have been attributed to their small size and generic styling, which made them strongly resemble GM's entry-level models; [110] "It wasn't just that the $27k '86 Seville looked too much like an $8k Oldsmobile Calais, which even preceded the Seville by a year. It's also the fact that all these cars just didn't look ...
Cederholm #2, built in 1894. The first Swedish automobile was a steam car built in 1891-92 by brothers Jöns and Anders Cederholm. They planned to use it for transportation between their home in Ystad and their summer house outside town.
Karl Benz's vehicle was the first true automobile, entirely designed as such, rather than simply being a motorized stage coach or horse carriage. This is why he was granted his patent, and is regarded as its inventor. His wife and sons became the first true motorists, in 1889, when they took the car out for the specific task of paying a family ...
The Saab 9-5 is an executive car that was produced by the Swedish automobile maker Saab from 1997 to 2012. The first generation 9-5 was introduced in 1997 for the 1998 model year, as the replacement of the Saab 9000. At the time, the car represented a significant development for the manufacturer.