saab 9-3

Saving Saab: Spyker To Sell Luxury Sports Car Biz To Save Swedish Icon

Spyker, maker of hand-built exotic cars, is selling that business to a Russian billionaire, while it concentrates on reviving Swedish premium carmaker Saab.

Spyker, which bought Saab from General Motors in 2010, has signed a memo of understanding to sell the Spyker business and brand to Russian financier Vladimir Antonov, who owns CPP Global Holdings in the U.K.

The sale of Spyker is expected to raise $44 million, substantially reducing the company's debt, and positioning it better to give Saab a shot at surviving as a niche premium car brand.

Tags: Bob Lutz, GM, Saab, Saab 9-3, Saab 9-5, Spyker, Victor Muller, Vladimir Antonov

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Saab 9-3 Convertible Independence Edition

by Noah Joseph (RSS feed) —

Filed under: Luxury Cars & Autos

Saab 9-3 Convertible Independence Edition

Saab is preparing to unveil a special edition of their 9-3 Convertible at the upcoming Geneva Motor Show, and this is our first glimpse.

Called the Independence Edition, it commemorates the first anniversary of Saab's departure from General Motors and into the (relatively) independent ownership of Spyker Cars. The special edition is decked out in a reddish-orange, with a parchment leather interior characterized by an orange stripe down the seats and an orange needle on the turbo gauge, nestled into a leather-trimmed dashboard outfitted by Saab specialist Hirsch. It also gets special 18-inch wheels, but the highlight is the 220-horsepower 2-liter turbocharged four borrowed from the larger 9-5 sedan. Only 366 examples will be made available worldwide, with deliveries beginning in the spring.

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Tags: 2011 geneva motor show, 9-3, geneva, geneva 2011, geneva motor show, saab, Saab 9-3, Saab 9-3 Convertible Independence Edition

Least Reliable Luxury Cars of 2006

by Nicole Weston (RSS feed) —

Filed under: Luxury Cars & Autos

While we'd like to think that all of our favorite luxury cars are as reliable as they are desirable, that is not the case. Autoblog just listed the five least reliable luxury cars of the year. The list comes from Forbes and was compiled using data from J.D. Power and Consumer Reports.:

Land Rover LR3 SUV (pictured is the 2007 model)
Land Rover Range Rover SUV
Lincoln Navigator SUV
Saab 9-3
Volkswagen Touareg SUV

The only questionable choice on the list is the Volkswagen - is a Touareg really a luxury car? If they had to reach that far down-market, it probably bodes well for some of out favorite wheels in terms of reliability.

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Tags: cars, land rover, least reliable cars, lincoln navigator, luxury cars, ratings, reliable, saab 9-3, touareg