Saab Automobile AB, better known as Saab, is a Swedish car manufacturer and currently a wholly-owned subsidiary of General Motors. It is the exclusive automobile royal warrant holder as appointed by H.M., the King of Sweden. Since its inception, Saab has become known for turbocharging, “quirkiness”, safety and green technology.
On February 20, 2009 the district court of Vänersborg received a request for reorganization from Saab. The future includes the possibility of closure if a buyer or external loans cannot be found. The Swedish government doesn’t plan to risk taxpayers’ money on Saab. Prime Minister Fredrik Reinfeldt said Feb. 18 the U.S. company’s demands amounted to a “trap” set to pressure the government into granting aid. Swedish trade minister, Maud Olofsson suggested the company had a brighter future moving to production of wind power turbines than continuing to produce cars in an already oversupplied market.
Saab was originally created as a division of the Swedish Aeroplane Company (Svensk Aeroplan Aktiebolag in Swedish). The company had been established in 1937 for the express purpose of building aircraft for the Swedish Air Force. With World War II nearing its end, the company began looking for new markets in which to expand.
The Saab 900 Turbo was James Bond's vehicle of choice in many of the John Gardner Bond novels of the 1980s, beginning with Licence Renewed. In the second novel, For Special Services, the 900 was dubbed the "Silver Beast". The car is Bond's private vehicle that he had outfitted with various gadgets by the real-life company Communication Control Systems, Ltd. (CCS). In conjunction with the release of Licence Renewed, Saab had a real "Silver Beast" created that was virtually identical to the specifications in the book. The car is currently located at the Saab Museum in Trollhättan, Sweden.
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