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April 16, 2003
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This Week:

• Concept Lab Volvo Gives 2003 New York Auto Show-Goers a Glimpse Into the Future

• V-Series Signals New Era Of Cadillac Performance

• Chrysler Redefines the Classic American Automobile with Worldwide Reveal of 300C Concept

• Saab To Add 9-2 Model To Its Product Line In 2004

• Ford Points To A Strong Future With New Escape Hybrid SUV

• Toyota Announces New Engine Block Plant In Jackson, Tennessee

• Nissan Opens 268,000 Square Foot Operations Center in Irving, Texas

• BMW, GM to Jointly Develop Liquid Hydrogen Refueling Technology

• Bold New Look For The Famous Jaguar Brand Announced At 2003 New York International Auto Show

• Mercedes-Benz Passenger Cars: Record High in the First Quarter 2003

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Saab To Add 9-2 Model To Its Product Line In 2004

Saab 9-2
 

Saab announces cooperation with Fuji Heavy Industries Ltd. (Fuji) to produce a new performance-oriented all-wheel-drive model - the Saab 9-2 - in spring 2004. The new vehicle will provide Saab with a capable, dynamic entry below the new 9-3 Sport Sedan. NEW YORK - Continuing with its biggest-ever product offensive, Saab Automobile AB expands its product line further with the introduction of the new Saab 9-2. The 9-2 will be Saab's entry offer and will help attract new, younger customers to the brand. It is targeted at customers looking for a distinctive, fun-to-drive car with the versatility to support an active lifestyle. As customers would expect from Saab, the 9-2 will feature excellent driving dynamics with its sophisticated all-wheel-drive system and turbo performance as well as great versatility with its hatchback body style.

Leveraging the global resources of the GM Group, Saab Automobile AB is collaborating with Fuji of Japan to create the new Saab 9-2 model in cooperation with Subaru, Fuji's automotive division.

Saab 9-3 Convertible

Photos: Saab

"We see an emerging segment in the United States for a premium, small car below the Saab 9-3 Sport Sedan," says Peter Augustsson, president and CEO of Saab Automobile AB.

"The Saab 9-2 is a result of collaboration between two like-minded brands. We both have a special aircraft heritage and a successful history in rallying, and our cars are known as dynamic, safe and fun-to-drive. It makes a lot of sense for us to combine our strengths in creating the next Saab and bring it to the market quickly," says Augustsson.

Saab will offer two versions of the new 9-2, both five-door, all-wheel-drive cars. The base Saab 9-2 will be equipped with a 2.5-liter four-cylinder engine, while the Aero version will feature a high performance, 2.0-liter, turbocharged four-cylinder engine.

The new Saab 9-2 will be produced in Fuji's facilities in Japan, beginning in the spring of 2004.

(April 15, 2003)