Svensk bil met flykqvalitet – Swedish car with aircraft quality.
SAAB stands for Svenska Aeroplan Aktiebolaget, the company originally building aircraft before its first car was manufactured in 1949. SAAB’s became known for their innovative design and mechanical features and were widely exported outside Sweden. In 1969, SAAB merged with Scania-Vabis and in 1989, General Motors took a controlling share of the company completing the takeover in 2000. Falling sales meant that the company closed in 2011, but a year later the SAAB factory was acquired by a Chinese consortium called NEVS – National Electric Vehicle Sweden. In 2016, NEVS stated that the SAAB trademark would no longer be used, with the first NEVS car being produced in 2017.