A Far Too Brief History of SAAB

All Cars with Jon October 15, 2022
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All Cars with Jon

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Welcome to AllCars Ya'll, I'm Jon! A Southern boy who loves to talk All Cars, All The Time! Histories and interesting connections to the automotive world. Looking for my Reaction videos or News-pinions? They'll be at the shiny all-new AllCarsReacts Channel! https://www.youtube.com/channel/UC6hzSYRXoMUiNwkyagbRnfw We can bring these to you with the support of our Patreons! If you love our videos, please consider supporting independent Auto creators: https://www.patreon.com/AllCarswithJon /u/jonrpatrick

Video Description

SAAB is one of my favorite lost brands. Reliable, durable, quirky - they built from success to success over decades, but not often with profitability. Started literally by airplane engineers, Saabs were always a bit 'different', but once GM took over they slowly lost their "Saab-ness" and were positioned to more directly compete against luxury brands like BMW. The end, as GM unloaded them at the end of the 2000s, unfolded like a soap-opera with bankruptcy, unpaid bills, unpaid wages, a Russian banker accused of being tied to organized crime, two different supercar manufacturers, multiple Chinese investors, Chinese investors who didn't pony up money, and a $3Billion lawsuit filed against GM for blocking their sale. What a sad end to one of the most iconic brands of the 70s and 80s. Support independent car creators on Patreon! https://www.patreon.com/AllCarswithJon Be sure to follow the Page on Facebook! https://fb.me/AllCarsWithJon

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