Saab is the zombie of cars.
The company has a convoluted history that has put it among the walking dead since the turn of the century.
Saab was in its prime as an independent Swedish automaker from 1948 to 1989. That’s when it built some of the quirkiest (some might say coolest) automobiles the world has ever seen.
General Motors acquired a 50 percent stake in Saab in 1989, and 100 percent in 2000. Some say that’s when the slow death of Saab began. By 2008 it was clear that the GM/Saab experiment was failing, mostly because the behemoth automaker stripped Saab of its personality and replaced it with rebadged Malibus and Trailblazers.
In 2009, Swedish supercar maker Koenigsegg announced plans to buy Saab, but that fell apart a few months later. In 2010, another supercar maker, Spyker, completed the purchase of Saab but then went bankrupt a year later.
In 2012, a Chinese consortium that went by the name of National Electric Vehicle Sweden (NEVS) purchased what was left of Saab with the intent of transforming the brand into a line of electric cars. Now we’re on the cusp of 2016 and it appears the once-dead Saab brand is lumbering back to life.