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who owns saab car company

2 Answers
MacTucker
12/19/25 5:53am

The Saab car company is currently owned by National Electric Vehicle Sweden (NEVS), but its history of ownership is complex. Founded by Svenska Aeroplan Aktiebolaget (SAAB) as an aircraft manufacturer's automotive division, Saab cars became an independent brand. Its most significant owner was General Motors (GM), which acquired a 50% stake in 1990 and full ownership by 2000. After GM's 2009 bankruptcy and an unsuccessful sale attempt, Saab Automobile AB went bankrupt in 2011. The primary assets were then purchased by NEVS in 2012. NEVS itself has undergone ownership changes and has shifted its focus away from producing passenger cars under the Saab name.

The ownership timeline is best understood through key events:

YearOwner/EventKey Details
1937SAAB (Aerospace Company) FoundedOriginal parent company; car production began in 1947.
1990General Motors (GM) AcquisitionGM purchased a 50% stake, marking the start of major American influence.
2000GM Full OwnershipGM acquired 100% control of Saab Automobile AB.
2010Spyker Cars PurchaseDutch sports car maker Spyker bought Saab from GM after its bankruptcy.
2011BankruptcySaab Automobile AB filed for bankruptcy after failed rescue attempts.
2012NEVS AcquisitionNational Electric Vehicle Sweden bought the main assets, excluding the Saab name.
2019NEVS Majority Stake SaleMajority ownership of NEVS was acquired by Evergrande Health, a Chinese conglomerate.
2023NEVS Strategic PivotNEVS announced it would focus on mobility services, effectively halting new Saab-based car production.

A critical point is that when NEVS acquired Saab's assets, it did not secure the rights to the Saab name and griffin logo, which are still owned by the aerospace and defense company, Saab AB. This is why you haven't seen new cars branded as "Saab" from NEVS. The company's current trajectory under its Chinese ownership is focused on electric and autonomous vehicle platforms for other manufacturers, not on reviving the classic Saab brand for consumers.

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LaCharlotte
12/26/25 4:46pm

Right now, it's a company called NEVS, but they don't actually make Saabs anymore. The name 'Saab' itself is still owned by the original aerospace company. The whole story is a bit sad for car fans. General Motors owned it for a long time, but after the financial crisis, it went bankrupt. A Swedish-Chinese consortium bought the factory and tech, but the soul of the brand is pretty much gone. It's a classic case of a unique car company getting lost in big corporate shuffles.

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