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Saab Cars North America will be liquidated

January 24, 2012 in News

From Autonews.com The administrator handling Saab Cars North America’s finances told creditors last week that the company will be liquidated.

“We notified creditors that it is our opinion that there is no way to salvage the company,” said Jim McTevia, of McTevia & Associates, the administrator appointed to operate the U.S. distribution arm.

Parent company Saab Automobile filed for liquidation Dec. 19 in a Swedish bankruptcy court. Saab Cars North America suspended operations that day.

Saab Cars North America “laid off probably 80 percent of the employees” on Jan. 13, said McTevia.

He said he is seeking a buyer for the U.S. parts distribution business, which he described as the only meaningful asset.

Tim Colbeck, president of Saab Cars North America, expects a buyer for the parts business will be found by the end of February. “There still will be a market for parts,” Colbeck said. The question is whether there will be a U.S. distributor for parts.”

McTevia said he told creditors: “There is no money to keep the company going until someone figures out what to do.”

He added: “They have some parts inventory, which we started distributing. There are no new parts coming in.”

Leonard Bellavia, the lawyer representing 161 of Saab’s 188 dealerships, said he expects dealers to decide this week or next whether to file for a Chapter 7 involuntary bankruptcy or wait for the administrator to liquidate the company. The dealers’ decision will be based on which option potentially gives them a greater portion of the proceeds.

McTevia said the U.S. entity is “probably going to go on for a while because there is all kinds of litigation. There are assets to be liquidated.” The company’s headquarters in Royal Oak, Mich., near Detroit, will be closed by the end of February.

Bellavia estimates the liquidated assets have a value of between $75 million and $125 million, including $25 million owed by General Motors for warranty work. He estimates liabilities at $10.5 million.

Saab resumed parts distribution to dealers on Thursday, Jan. 19. The operation was suspended Dec. 19.

Read more: http://www.autonews.com/article/20120123/RETAIL07/301239957#ixzz1kKLaz9et

122 responses to Saab Cars North America will be liquidated

  1. Why do they say that Saab Automobile went into liquidation on 19th of December?? Liquidation and bankruptcy is not the same things!

  2. This basically means that the US market is no longer for folks that don’t live in the USA. Very unfortunate since this was Saabs biggest market. About the time Youngman, or whomever, get their hands on Saab, there won’t be anything left im afraid.

    Saab UK is gone, Saab US is gone, now the rest will follow if an announcement isnt made by the end of this month on whom will buy the company.

    • Saab UK is gone but a new company has been started. Something like Saab Parts GB. I was talking to my local dealer yesterday and he was saying that the company is up and running has signed all the contracts it needed to with Saab Parts and is in negotiations with a warranty company to set up a independant warranty for new cars.

      Saab UK is gone but there will be plenty of Saabs roaming around our roads for a while yet. Maybe SCNA could do something similar?

      Griffin Up! Coure Sportivo!

  3. I would love to purchase a 9-5 Turbo4 Premium during this liquidation. That’s how I purchased my ’09 9-3SC back in February of 2010. The prices may be right but parts availability, mechanical and body, on this model and for a limited production vehicle (numbers like the Sonett) has me pulling away. Should I be afraid to pull the trigger on what might be, at least for a while, Saab’s last of their large cars? There’s a glut of them here in the States so I have my pick of the litter. Gonna have to ponder this for a few weeks.

  4. I will pray and hope as far as possible. I’m never giving up until the last word is said!!

    What’s happening to Youngman? Have they sent over the bid like they said they will do??

    GOOD NIGHT

    GRIFFIN UP
    SAAB UP

  5. Does anyone have an idea how many new SAAB’s were still at ports of entry in the USA? Ally Financial was attempting to seize around 150 new SAAB’s in Long Beach, CA a week or so ago. One would think there would have to be more.

  6. Damn, Damn, Damn, there isn’t any hope for this anymore. The only thing that can be happening is that if youngman is actually interested, would be strictly Chinese Saabs……..damn, damn, damn. No wonder Swade was talking about different cars……..:(:(:( cold day in hell before I buy anything swedish or gm

  7. Fat lady has now sung.

  8. So what happens once the U.S. corporate headquarters closes in late February (or sooner)? What does that mean for dealers? Car owners? Also, what does it mean if Saab ends up being sold out of bankruptcy? Does it mean that if someone like Youngman purchases Saab—-there is nothing left in the U.S. as part of the deal? Would they still have a relationship with the remaining dealers?

    • Saab owners in the U.S. will have a rough ride on getting parts between now and April, possibly forever. We keep getting optimistic forecasts, like the 9-3SS keys are on its way, but not having SCNA will mean no keys. Time to start buying a spare key before they cost $1000. Please don’t hoard, just buy one for yourself.

      • Too late, the last part I was able to buy was a new dipstick which came to replace the original that disintegrated in pieces as I was hibernating my Viggen for the winter.

        Then the next day I went to my dealer to order a new key for my ’07 9-5 and I was told there is a moratorium on parts.

        Ironically I have been helping the Israel Saab Club because they have been going through what we are about to. For the last several years no new Saabs have been sold there for that length of time and parts are scarce. We must not throw stuff away Laissez-faire. I will never forget what happened at one of the Conventions where people were buying brand new CPU computers with 4 NGK Spark plugs, for only $US12, From the parts’ tent. Then I witnessed the craziness of them tossing the these computers into dumpsters for the sake of 4 stupid plugs that will always be available!

        Time for a reality check!

  9. I don’t know Swedish law, but in the US the two main types of bankruptcy are reorganization (Chapter 11) and liquidation (Chapter 7). It would seem that this is similar to Sweden. Saab Automobile AB isn’t in reorganization, but rather went into liquidation on December 19th, 2011 and so the statement is correct.

    That doesn’t mean you should not keep you hopes high for the rebirth of Saab as it has been noted here many times Saab can live on with another owner, but they would buying a company that is legally in liquidation.

  10. Well, If this does not make for a reason to get a drink, I don’t know what does.

  11. Ya. I warned about this 2 years ago when this site was encouraging people to buy Saab. Regular people who will lose their shirt when this will go under on resale value. I replaced my 2 saabs in feb 2010 for a camry and a prius. Sorry, but its only when you change brand that you see how far behind saab is compared to the basic competition and this is purely due to GM lack of interest.
    Sorry guys, but its over.

    • Wish I would’ve read your posts. I took a four year hiatus from Saab from 2007-2011 when I felt that GM had value-engineered the 9-5 to near death and leased a Volvo. Unfortunately in October 2011, after having purchased the Volvo and selling it for a profit, I thought I would do my part to help out and bought a NG9-5. I took the drug, now I am feeling the not so good effects of that.

    • No need to gloat…. geez.

      • Extremely sorry Sting and Baver. I would never gloat. And I don’t mean to. Back then I had a different user name but forget it now. The site moderator at the time crucified me at the time for saying I sold my saab for a Prius and Camry and warning of regular people like me paying big money for a car which might be unsaleable in the near future.

        • Sorry you got a Camry. Well, it’s only money after all and life will go on. In the unfortunate event my car is ever totaled by my insurance company (due to lack of spare body parts), I will just need to scale WAY back on my next vehicle purchase…..to maybe a Toyota :( Time for a drink….

          • Camry OK/regular car. But very safe. Prius amazing and lightyears ahead of where saab is. As an ex saab owner I understand the misplaced loyalty to the brand. but time to move on. If you don’t like toyota try a german car. But check out EuroNcap and IIHS web site first. You will be surprised which cars are actually the safest.

            • Prius amazing? Again, I have a 2008 Prius and a 2004 Saab. The Saab has more supportive, much more comfortable seats (especially for long distance drives), better sound system, better climate control system (i.e. more effective), handles better (especially in bad weather)—-and maybe this is just luck, but my Saab has also had fewer problems (Prius had a bad water pump and a couple electrical issues, nothing serious). Saab has been pretty much trouble free, though it’s low mileage. Oh, and I use a portable Magellan navigation in my Saab and on my other cars. The Prius has a factory navigation system that is garbage. My 100.00 Magellan finds locations much better.

              • Hope Paddy reads this; LOL

              • Prius amazing??????????????????????? Boring slow transport for people that want to be seen as green. I recall a moron coming in recently to look at a car to replace his Prius – he had the gall to say his Prius was sporty. Then again, he was 85 years old. Showed him the door…

                The lucky folk that can buy a Peugeot or Citroen with the eHdi engines would run rings around a Prius in style, performance, economy and overall enjoyment of drive. An extra bonus is that you don’t look like a dork driving as well. Prius … I don’t think so.

            • “Surprised which car is the safest?!”
              The NG 9-5 is the safest. What is the big surprise here? http://www.iihs.org/ratings/roof/detailsbyclass.aspx?10

              PS. I stopped yesterday to help a Toyota driver who had driven into lamp pole (we’ve got a lot of snow in the last couple of days). When I asked him what happened he said “- The car just went off the road in a blink of an eye from the tracks in the road and I couldn’t do anything”.
              I didn’t have the heart to tell him maybe he should have made a different choice in regards to the vehicle in the first place.

          • Baver: Keep your Saabs as long as you could—-but If you ever need to scale back in price, consider Kia. They have come a long way. Nice designs, surprisingly well done interiors—-even some spirited performance—-value leaders at all price points. Good warranty. And they are growing quickly.

        • A cold day in hell before I’d sell out, buy anything Toyota makes, talk about the most boring and style lacking autos on the road! I’d rather push my SAAB’s or walk- They have medication for depression and that is what you’ll need driving one of those deformed Bento boxes!

    • Paddy: I have no idea what you’re talking about. I have a 2004 Saab 9-5 Wagon and I also have (among other cars) a 2008 Toyota Prius—-very well equipped (navigation, etc.). The SAAB far behind? Hardly. My 2004 Saab runs circles around the Prius across the board—-just about every meaningful way. Yes, parts and service will undoubtedly become a big headache. People, drive your Saabs until it’s no longer worth keeping them on the road (when repairs cost more than the car is worth or when parts are impossible to get in a timely manner). Then take your lumps. But realize that the general goodness of these cars remains, even if the company goes away. I don’t want to drive an appliance like a Camry, I have a kitchen full of appliances—-I want a car that is connected to the road—-with unique interior features, spirited performance—-etc. I drove my 9-5 to one of the Saab events and put on about 500-600 miles that weekend—-I marveled at how well conceived the Saab is—-yes, even an outdated, GM era 2004. Well thought out, comfortable, fun to drive—-lots of room—-still love it.

      • 2008 prius is the old model. 2010 is a whole new model. 20percent larger interior. 18 more efficient etc. 95percent component change. Head UP display as standard! Camry ya is regular but will hold its money, fit family better and more efficient than 95. As safe and better resale value. My only gripe is that I was shot down for trying to alert people of the money they could lose if they bought Saab at the time(2010). I believe in the united approach, but tell your members of the potential pitfalls! Most of us are middle class and can’t afford the resale value to plummet on bankruptcy. Drove a friends Lotus the other day. Now there is a car if you want a Saab replacement. If you don’t have a family of course.

        • Well if that’s the case—-resale value trumps all—-then yes, Toyota, Honda, Acura—-those are among the only real choices. Poor resale rules out a lot of desireable cars. Yes, in this case, resale will plummit (Thanks GM). But even with cars like Jaguars or on the low end, Suzukis—–people might find themselves upside down if their cars are totaled—-owing more than insurance will pay. I tend to keep my cars a long time—-and I don’t get too hung up on resale—as many times, cars that hold their value best are “unsafe” in that they will bore me to death.

          • And I would rather take the financial bath than buy some of the high resale Japanese cars—-which generally are fine for a girl going away to college, but just not my cup of passion tea.

        • …and again, comparing apples to apples, if the Prius you’re refering to is a 2010—-is it really lightyears ahead of the new 9-5 or 9-4?????

          • Oh Yeah! Have experienced both. Have you?

            • No, I haven’t experienced either the 2010 Prius or the 2011 Saabs. I did see a Saab 9-5 (new) in the showroom when I went to the Save Saab event last weekend—-I was very impressed with the fit and finish. Of course, that car stickered well into the 40000s and a Prius must be less than 30K?

            • I just have to wonder what kind of person spends time posting here about their wise choice of buying a Prius? There are true fans here, hurting because they actually love their cars and the Saab brand and you come on here to brag about your amazing insight buying a 2010 Prius, a vehicle line that’s been on the market eight years? You are neither particularly wise nor particularly decent.

        • I don’t remember anyone here saying Saab resale values were, or would be great. They will be less now, yes, but if you only buy a new car every 10 years as I do, resale values don’t really factor in. Everyone’s needs are different and I do not criticize anyone for making their own financial choices.

        • Paddy, move on to ToyotaForums.xxx where you can roll in the hay with other toyota brightsparks. I think they have a meeting at CostCo, at the appliance counter.

    • Wow, Paddy! Thanks so much for coming by and bragging about your lifeless appliances. You must be very proud of your garage.

      • You must be very proud of your garage garbage.

        Fixed!

        • Yeah. Which company has gone bust? Now whose garage is full of garbage? Last cold spell I had with Saab 93 2008 a fault appeared on the traction control system. Both Toyotas are much better in the slip as both have VSC+ which will initially turn the steering wheel in the right direction during a skid. Stopping distance was not great in the wet or slippy conditions on my 93. Saabs were the safest a few decades ago when they invented the 3 point seatbelt and still are OK but not any better than their rivals. see Euroncap.

          • You’re absolutely right. No company making a superior/decent product has *ever* gone bust for external economic reasons or because of plain internal mismanagement. And as you have had a fault with your 2008 Saab 9-3, it must follow that *everyone* owning a 9-3 is driving a slipping, sliding time-bomb just waiting to careen into a street light.

            As for your car steering for you, I’m very happy that you have abbrogated yourself from the responsibility/ability to control your car in the winter months of the year. I cannot do this/do not need this. Maybe you’d prefer an ignition that turns the key in the correct direction for ‘on’, as well?

            I live in a place that gets plenty of snow (Canada). Last year, I drove home from work on closed roads and bucked snow drifts as high as the hood of my 9-3 sedan to get home some nights. With All-Season tires. You can sully SAAB’s safety/tech/comfort reputation all you want. But this cannot stand. The 9-3 is without a doubt, the best car I have ever owned for a Canadian winter. And I am not average, 10 year(+) same SAAB owner. I have owned a VW, Honda, Suzuki, and Subaru (Saabaru). I have put a minimum of 100,000 km on each.

            I cannot argue that SAAB made the best, most technologically advanced car available immediately before it stopped making cars at all. I cannot even argue that SAAB’s sticker prices were accurate within $10,000 for the past 5 years. (I always contended the 9-3 should’ve come with cloth buckets, a few less options and been competition for the Civic/Corolla).

            But to come onto a board of passionate, grieving fans of a once soulful car company recently gone bust, to brag about your hi-tech toaster on wheels is ridiculous at best. Insulting at worst.

            You would not go to a funeral to tell the extended family of the deceased what a terrible, horrible person he was, or how his friends had wasted their time liking him, instead of a much more likeable guy.

            Please take your Eurocap and VSC+ and find toyotasunited.

            Tnx, k, bye.

            • Actually there is no ignition. Keys stay in your pocket to open car and push button ignition. Turning the ignition is old school 20th century stuff.

              • I apologize. My car is ’20 year old GM tech’, so I’m a little out of the loop. Tell me, do they still make the suspension out of oak?

          • Paddy- just give it a rest! Nobody really cares of what virtues you think a Toyota extolls. SAAB’s are far more superior in design, safety, and utility.” Intelligent By Design”- It not only stands for SAAB, but for the people who drive them!

  12. Wouldn’t you think that a new buyer may want to be in the U.S.? Then it would seem to make sense that they would re-open and re-hire SCNA at some point. And I would recommend to them to use the same people that have been there all along.

    • My fear here is back to what I read about Youngman many months ago, that they never had any intention of selling or manufacturing outside of China. This just adds to that. Glad I have GAP insurance, really wish I hadn’t put any money down :(

      • If that’s really their objective—-I’m sorry I’ve been so hopeful that Youngman can succeed with a bid. If the intent is to sell in China and nowhere else, Saab won’t be of much use to me and the sale of Saab to Youngman won’t really amount to anything.

      • Can you provide sources?

        • I believe I read it on here when Victor went to China to find partners. Their statement actually helped to calm nerves of people that they would take over Saab and make it solely Chinese. They only wanted to produce for China. SWAN would’ve been for the rest of the world. I’ll see if I can locate it.

    • One can hope for that… but we all have to eat and pay bills. Talent is leaving Saab quickly, even here in the states.

  13. Not good news. My 9-3s are running just fine. I think I’ll keep them.

    • Same here…. I just hope there are parts to be had and that my son gets some sort of warranty out of all of this.

      • I bought a 2011 9-3 xwd in Sept. I stupidly didn’t purchase an extended warranty at the time (but the dealer didn’t really encourage it, either). However, on Dec. 21 I went back and bought an Ally extended warranty. They didn’t offer the very best premium one any longer it seemed, but I got the next best. It was $1800 for 5 years/60,000 miles. It seems to cover most of the really important stuff. It was a little crappy having to pay more for a lesser warranty than I could have gotten when I bought the car, but still reasonable over all. If you are worried, I’d go back to the dealer (or look for the Ally warranty on-line) and see what you can come up with.

        • AAA (American Automobile Association—the people who tow your car!) also offer very good extended warranties, usually at reasonable prices.

        • sounds good, thanks for the tip!

          • I’ve had several AAA warranties and they seem to pay out pretty nicely without much hassle. In fact, I just bought one for a used weekend vehicle I just picked up, a Kia Sedona, 2007, with 113,000 miles on it. The warranty isn’t bumper to bumper but does cover quite a lot of frequent problems—-big power train issues as well as power windows and stuff like that. It was under 1800.00 for a 4 year old car (5 model years old) with well over 100K on it. Duration is 2/24. For a new car, you could probably get 4/48.

  14. Oh well, maybe BMW will buy the carcass and sell a new generation of Saabs through their dealers? I hope they’ll take on the business of maintaining older ones.

    • Why would BMW buy a brand with 20 year old GM tech?

      • Exactly. The idea that BMW would buy Saab is beyond ludicrous. Saab has absolutely nothing that BMW needs.

      • BMW can benefit from Saab. However, it is mostly the Saab name and maybe start a FWD line in between MINI and BMW. However, BMW does not need much of Saab and would be unwilling to pay more than the value of the factory and name. It does not think it needs Saab technology.

        Hope the BMW gets at least 5-10 Saabs from the Saab Car Museum to put in their museum.

        BMW is smart. They know not to get another English Patient, like Rover. They also know how to get a name, like the Rolls Royce name, while VW paid a lot for Rolls Royce and failed to get the name.

  15. We’re The Worst! One thing you have to remember guys – we’re the worst. No one can touch us. Let’s celebrate and have a drink. Kiia? SangYong Motors?…whoever, we beat them to it. We are the worst.

  16. Why pay the extra price of a new95 instead of an Opel insignia? Same chassis. Same safety euro cap rating? Not as good resale. Handling no better. You all need to move on. GM destroyed Saab. We all need to accept this now.

    • OK you have made your point-you are a boring Toyota driver that made a good business decision. I think there is a cliff somewhere that you could drive your Prius off of so that we would not to listen to you gloat.

      • Ugh…..the Toyota Prius….that name should be filtered on this site. By the way Paddy, Saab is not gone until Youngman or another similar buyer decide not to rebuild Saab, until then try not making the same generic “saab is dead accept it” post in every discussion.

    • If you really want to get from point A to point B and you have no focus on the joy of driving, I guess a Toyota is just dandy. My Prius is owned by the company I work for. I would have never paid the price for this car as a personal vehicle as there is literally a huge world of better choices at that price point. It’s an appliance.

    • Different mind set went into building the Insignia. The Saab engineers working on it were told to keep costs down. “The car only needs to last for ten years”. (Saabs on average lasts about twice as long)

      Yes, some components are shared. Still different cars. (Size being a very obvious difference for one thing)

  17. This is very sad for me. I feel for a ton of great people, including the dealers.

    • Yes, so very true.

    • nice to know that GM, the EIB, and the Swedish government have finally succeeded in their dream. The parts were worth more than the whole.

      • I just can’t believe the Swedish Government had this dream. I don’t get that at all. 3000 jobs? Loss of a really great ambassador for all things Swedish, Saab? Saab is woven into the Swedish fabric, at least as far as Americans see it. The other thing is that Saab had/has a favorable image with Americans. In contrast, companies like Renault, Peugeot, Fiat—-had poor reputations based on below average reliability of their cars from years and years ago. But Saab was always pretty good—-the owners would go back and trade for a new Saab in the states—-and the reputation was built of of a clique of passionate drivers/owners. Even non-Saabers usually respected the uniqueness of the car. It’s hard to imagine that Sweden is okay with losing all the jobs, as well as the worldwide positive feelings about Saab.

  18. Being more technologically advanced is not the ultimate goal. Pilots are very aware of this; I’d rather be flying the old L-1011 than the latest Airbus, I’d prefer an old Twin Otter over a new Cessna Caravan etc. Why? because some have an inherent rightness in their design, they’re so much more than just a fancy transportation device, they convey the thoughtfulness of their designers. The same goes for Saab cars, especially the pre-GM vehicles…

    • Sure, that’s why I prefer a classic 900 Turbo over a new snobby Audi A4, for example. The 900 has a timeless character that the A4 can only dream of; it will be forgotten when superseded by newer A4s.

    • When I’m not driving my Viggen or 9-5 Combi, I go back in time and become an flight crew member in a B-17 or the only B-24 J Liberator left on the planet that flies or the only Avro Lancaster bomber left that takes passengers. Relish these moments I certainly do. To live in this time warp where all this is happening!

    • I’m sorry but as an Airbus pilot, I have to disagree with you on the L1011 part ;) but you are still very much correct regarding the thoughtfulness of the their designers. Back then it was about style, not just making hard cash…

      • I’ve never piloted a plane—-but reliable old technology trumps questionable new technology every time. I don’t want to be the one to “work the bugs out.”

  19. You’re sort of a crabby guy Mr. Paddy. Please leave us alone.

  20. Why were we the worst?
    We did not sell enough cars. Who sold the cars to the consumer? The dealers. They did not sell enough 9-3′s.
    They did not sell enough 9-3x’s, not enough of the 9-5′s, not enough Saab convertibles, not enough 9-4x’s. We were the worst in marketing and advertising. If the dealers had sold more cars, we would not have been the worst.

  21. At this point, I must ask… how much of my 9-3 2.0T’s are GM? For years, the automotive press, in their hatred of our little Swedish gems, told us we were driving Opels in Swedish lipstick. How right were they?

    Will I be able to keep my 9-3′s running (2007 sedan, 2008 Combi, both 4-cyl FWD models)? That’s all I honestly care about at this point, as sad as it has become. Forget pretty, forget nice things like door lock motors, seat heaters and such. Will I be able to keep my two orphans safely operating on the highway for the foreseeable future?

    I genuinely hope that someone can drag this dead horse of a company out and beat it into running a few more marathons… but in the event they cannot, I *still* require two functioning family cars in the driveway. Cars I hadn’t intended on replacing for at least a few years yet.

    Can anyone with mechanical knowledge answer this?

    • Ditto, I don’t care about anything else either at this time, I’d be interested in hearing this answer. That and has anyone traded in a 9-3 in the US? Curious to see what the going rate is. I’m done with this nonsense. Dollars and cents over sentiment at this point.

      • I cannot leave sentiment behind. I would like to keep my two 9-3′s as long as possible, as the plan in purchasing them instead of cheaper cars was always to drive them right into the ground (dealership to scrap-heap).

        But I did not imagine scrap-heap to be the first time a normally easily replaceable part went. Like a key. Or a fuel pump.

        I love my cars. I want to keep them until their deaths. But we live in a rural area, and both my wife and I *need* to be able to drive to do our jobs. Everyday! Not in a month, or whenever the part we ordered from a collector in Botswana arrives on the doorstep.

        • I’d love to keep mine too. I just got the dang thing a year ago. I have an old 92 900 that I won’t part with but, I bought this car with my family in mind, I used to have an a4 but it was getting too costly to repair, my thought process last January was to get a brand new car and the monthly payments would be cheaper than fixing an old Audi, if it gets to the point that I can’t get parts, or will have to wait weeks for them, how did that work out? I’ll be making payments on a car I can’t drive. I love Saab but love my family more, I may be looking to get out and into a brand that won’t go anywhere. I have too much other stuff to worry about than this. Sorry for the vent but I’m fed up with his nonsense of no warranty and now no parts.

    • Just take one day at a time, Will. Like Jesus said do not worry about tomorrow. Tomorrow will take care of itself. Only live for today. Look at the birds of the air, they don’t worry about anything yet the father feeds them.–Douay Rheims Bible.

      • At the risk of sounding blasphemous, Jesus did not have a dawn-dusk, Monday-Friday schedule involving work, childrens activities and other social obligations to keep.

        I am a fan… somewhere between casual and absolute Saab nut. But I must live, unfortunately, in a very real and demanding world.

        • Will, we live in a” very real and demanding world” But Matthew 6, Verses 25-34(the Douay Rheims Bible or the Revised Std Version, Catholic edition ), tells you how you should live and survive in this world. Read the Bible..and it’s cheap. you can probably get one for free. Most successful people have lost their fortunes but they start back up again.

          • Hmm… does it give GM part equivilencies? Or directions to a reliable indy mechanic?

            I am sorry if I seem cruel, cold or unaccepting of your faith. But I am looking for practical, mechanical advice. Not spiritual or religious guidance.

    • Will this is Houston. I drove the Million Mile SPG having hit 8 dear 5 exhausts. There are many pats after market that are made by others. Like Bilstein Shocks, BSR exhausts. Contact me on the SU friends page. there is light at the end of the tunnel.

      http://youtu.be/prvMuCTSvJY

    • Answer is YES! parts will be available… no need to get rid of the cars you love!

  22. Remember, Saab Cars NA had to be created during the Spyker transition, it is not hard to resurrect/

  23. This is terrible news, and especially for the really good people who worked at Saab Cars North America.

    But . . . the U.S. parts situation will improve. There are too many Saabs on the road which need parts, and GM is on the hook for warranty claims for ’07-’09 U.S. Saabs (i.e., GM is going to need Saab parts as much as the rest of us).

    Someone is going to buy the U.S. Saab parts business and sort this out. It’s likely to be unpleasant until this gets sorted out but it will get sorted out.

    • Is it possible/forseeable that the cost of paying off any potential class-action suit would be cheaper than maintaining a steady supply of SAAB parts/warranty services?

      I only ask because we all know that General Motors is no benevolent helper. They are a bottom-line, dollars and cents corporation. And they’ve already pissed off virtually every SAAB owner on the continent… so I highly doubt they’d be worried about the bad PR it might generate.

      I am not worried about parts disappearing entirely. If you can get parts for antique rarities, you’ll be able to get parts for a car that sold in the hundreds of thousands. I am worried about them becoming speciality parts, where every break-down is a week to a month off the road.

  24. Very sad news. Guess I’m an optimist. We bought our ’08 SportCombi in the face of Saab’s demise in’09. Accepted the risk of an orphan because we love the car. No regrets.
    Back in the ’80s, WAY before Google brought the world to our doorstep, we still managed to find parts for a heavily autcrossed ’74 Sonett. We’ll manage. Best wishes to the shops.

    • Yes, well, you still have a warranty on the 2008 and a dealer network to service it (GM). I would think that generation of 9-5s would have NO problem since there’s such a massive store of used parts out there. So many 99-01 models now get parted out rather than fix major issues (which is sad).

  25. Very upsetting news, however I have a question regarding the dealer Franchisees. In the US the laws are very strong in protecting the franchisees in actions with the parent company. Here is the question, now that these franchises are under US federal bankrupty court law, do the dealers have a right to negotiate with the court over their real losts, and do they have a right with bargin with a new owner? If one comes along, for a spot in the line up of new dealerships to be granted. In short do they have any rights at all in making themselves new Saab dealers? If not, have they lost all rights to sell and repair Saab cars? And if this is the case, does it make it easlier for the new owner to sell to whoever they want inside the US? And will not have to deal with the old Dealer network at all?
    They are very important questions that have to be answered if the new owner wants to sell in the US in the future.

    • Chris: I don’t know the answers to your questions—-but I would think that for example—a company like Mahindra would be buying Saab and one of the primary purposes would be to get the dealer network in the deal. The dealer network is very expensive to set up—–if you have dealers, with service bays, some people hired, etc., that is an asset that a company like Mahindra would find very attractive. The dealers though, will also have to be reasonable with their own expectations for what any new concern can provide to them, at least at the beginning.

  26. As for the other concerns about parts. This is when the club’s become very important. SU is is not a club, it is a blog. The clubs will lead the way in part supplying, working with the venders. if there is enough interest in a certain part, then one of the vendors will have it reproduced. This is easy stuff. The Brit car clubs have been doing this for 45 years,just follow their models and parts will show up.

  27. Sad indeed this though… BUT

    Never give up, there is hope and all might be well soon again, we just need to believe that also and not think that this is over!!! I know that this is not enjoying that news like these come but stay calm and carry on and let the administrators do their job and believe that Saab will be sold as whole :D

    BUT also we need to know this: this is a very last chance now like TimR said, ONE LAST chance if i am gonna be clear!

    Griffin UP
    Saab UP

  28. Hello Everyone.
    This is sad but not unexpected news. I’d like to share a few things with you regarding parts availability here at http://www.albanysaabshop.com and http://www.albanyspeedshop.com in Voorheesville, New York. Yes it became difficult to get parts and quite frankly it still is. Saab USA Parts only houses so much and then that too will be distributed to a network of dealers who soon will no longer be able to see one another’s inventory as the dealership network finalizes its collapse. So from a first layer look it seems grim.

    However, let me offer some good news for you. Now that we have been running independent for some time now (formerly New Salem Saab) we have learned quite a bit more about the “other” side of things. Today Ill focus some energy on the parts issues since this topic is on the fire. For sure we have some issues with Saab Brand specific parts. Things like 9-3 SS keys and NG 9-5 fenders; items like these were built just for Saab. The good news is many of the components in our Saab are reproduced for independents through many “national parts stores” For the maintenance and repair items you cannot get at those outlets remember the process of manufacturing, engineering and production. The key to all of that is sourcing. What is sourcing? Well its a action during the process of auto evolution for the planners to seek and find parts and pieces for their product that is built in mass quantities thus lowering the cost of the final production unit. These items that may not or do not take away from or infringe upon the products character are sought after from the masses. In short: Many of the parts on your SAABS are also on other makes and models. Its that simple. How so you ask?

    Let me explain. It will take a little time and effort from someone but this is what we did for one part. We needed two H/L control units for a 2008 Saab 9-5 with HID. Saab as we know are out of stock and so are the dealers. Oh my my, what do we do? The next instinct was to find used ones….but oh my my, there are none of them either. So we started digging.

    On the control box Saab Part #5408497 there is a Manufacture imprint = Valeo. Their part number for the same unit is 89007467. It took us some time, but what we found in the end was this same control unit is found in a VW, AUDI, Chrysler, and of course the Cadillac. So we continued to search and found three manufactures of this unit. Two over seas and one in Flordia. So in the end, Parts for your Saabs are out there. And a lot of work will be done by someone to narrow this down and bring it to the final consumers on a clear easy level…. You shouldn’t be surprised. Just about everything in this world is built by the world’s parts bins. Throw in economics and its becomes a balancing act between what is installed in your product to maintain the level of quality and brand feel you can, but keeping the cost to construct at a level which allows the sell price to be compatible with like and kind products you choose to compete with WHEW…. crazy huh?

    Many if not most of the Saab Parts you seek will be replicated, reproduced or ARE ALREADY IN USE in another application.

    I believe in the end only a few items we’ll find very hard to get or not available at all. The period we are experiencing now is a short term interruption in convenience.

    Best
    Darryl

    • That is a great explanation. I guess it will take time to sort things out—-and yes, some body panels and other parts won’t be easy to come by, ever—-but at least it sounds as though a lot of mechanical parts will eventually be discovered—-that can keep our Saabs on the road. As long as the cost to keep driving my ’04 9-5 is somewhat reasonable, it makes no sense to get rid of it. Resale is driven down already—-so why not drive it to the end, then let it be a parts donor? Of course, reliability is important too—-not worth having if you can’t count on it starting and getting you where you’re going, and back. But so far, this car has been extremely good to me.

    • I don’t get it. If Saab Parts is still alive and well, wouldn’t someone be able to eventually get even the NG9-5 parts? It might take longer, but why would it be entirely unavailable?

  29. Re ”the liquidated assets have a value of between $75 million and $125 million, including $25 million, He estimates liabilities at $10.5 million.”

    Unless I am reading this wrong, seems that SCNA, has alot of assets.
    I am unsure who actually owns SCNA, is it Saab Automobile AB & if it is, would help the Swedish Administrators no end [in the long run of course]..

  30. Bad News All,
    As a 2002 Viggen Driver, BSR stage 3 with 215,000 miles, original turbo and engine, I would like to liquidate GM. They destroyed the company. My wife had a 9-5 Areo great car also. As far as parts, I am looking to buy another Viggen just for that. My Viggen has been the best car I have ever had. Used to drive Alfas, if they could survive with all their problems, Sabb should also.

    Go Viggen.

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