History of Saab
Saab, originally founded in 1937 as Svenska Aeroplan Aktiebolaget in Sweden, began as an aircraft manufacturer to strengthen Sweden’s air defense. During World War II, the company produced military aircraft, but as the war ended, it shifted focus to automobiles to sustain its business. In 1949, Saab introduced its first car, the Saab 92, which featured innovative aerodynamics influenced by its aviation expertise. This set the foundation for Saab’s reputation for safety, turbocharged engines, and distinctive Scandinavian design.
Throughout the late 20th century, Saab became known for engineering excellence, producing iconic models like the Saab 900 and Saab 9000. However, financial struggles led to General Motors acquiring a stake in the company in the 1990s before taking full ownership in 2000. After years of declining sales, GM sold Saab to Dutch automaker Spyker in 2010, but the company soon faced bankruptcy in 2011. Despite attempts to revive the brand under new ownership, Saab’s automotive production ceased, leaving behind a legacy of innovation and safety. Saab Aerospace, however, continues to operate as a key defense and aerospace company.