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General Motors has issued a recall of 28,789 MY2004-2011 Saab 9-3 convertibles in the United States over a seat belt issue that had covered sedan models. GM was Saab’s previous owner from 2000 to 2010. GM disclosed that the automatic tensioning cable in the drivers’ side seat-belt retractor could break, which may render the seat belt to fail to retract.
GM said in a statement that it has no knowledge of crashes or injuries linked to the issue. GM likewise announced that passenger-side seat belt retractors in the 9-3 convertible will be covered under warranty over the unit’s lifetime if they need replacing.
GM has recalled the Saab 9-3 sedan twice in the US over a similar issue, covering 9,322 cars in 2004 and 14,126 cars in 2010. The convertible, however, wasn’t part of the recall. GM noted that while the convertibles and sedans were probed at the same time, the convertible parts were not identical to the sedan parts.Read the entire article GM is recalling 28,789 Saab 9-3 convertibles in the US
Saab dealers will have a meeting on February 6 in Las Vegas at the National Automobile Dealers Association convention for what would probably be their last make meeting. Tim Colbeck, the president of Saab Cars North America, said that they will meet on Monday from 10:30 a.m. to 11:45 a.m. in rooms N245 and N247 of the Las Vegas Convention Center.
A bankruptcy petition was filed by Saab’s parent company in a Swedish court Dec. 19, and on that same day, operations were suspended by its North American arm.
Colbeck said that he will be discussing the parts business and the company’s status. Ray Ciccolo, a Saab dealer based in Boston and the brand’s NADA line representative, said that a group composed of 41 dealers filed a bankruptcy petition against the company to discuss “where we go from here and our ability to keep buying parts from some entity.”Read the entire article Saab dealers will meet at NADA convention, probably for the last time
A group composed of 41 Saab U.S. dealers wants Saab Cars North America to be placed into Chapter 11 bankruptcy protection. The involuntary Chapter 11 petition is now pending in the U.S. Bankruptcy Court in Wilmington, Del. Leonard Bellavia, the lawyer who represents 162 of Saab's 188 U.S. dealers, said that this petition was filed in the event that a “white knight” purchases Saab's parent and would seek to reorganize the North American operations.
Last Friday, the dealers threatened to file a Chapter 7 for involuntary liquidation. The petition cites individual dealer claims for unpaid warranty, incentive reimbursement and other obligations that range from $79.11 to $167,977.98.
Parent firm Saab Automobile AB had filed for liquidation in a Swedish bankruptcy court on Dec. 19. Operations were suspended by Saab Cars North America that day.Read the entire article Group of U.S. dealers wants Saab placed into Chapter 11 bankruptcy protection
Detroit-based Saab of Troy, the largest Saab dealership in the U.S., has around 60 Saab units as of last week and at least another 50 in his loaner fleet, according to Tony Malouf, the dealership's general manager for more than ten years. That is around $4 million worth of inventory.The showroom of the dealership, which is part of the 11-dealership Elder Automotive Group, may be filled with 2011 Saabs but it doesn’t have a lot of customers. But Malouf remains positive even as the automaker is likely heading toward liquidation.
Early last week, Malouf sold two units even with Saab's Dec. 19 bankruptcy filing. He related that the dealership interest has gone up because customers see it as their last chance to purchase a Saab.
Malouf further narrated that the automaker has suspended warranty coverage on all units sold in North America as of December 19. Dealers were instructed to sell the vehicles "as is."Read the entire article US dealerships face inventory problems as Saab suspends warranty coverage
The warranty coverage of all of Saab’s vehicles in North America has been suspended. Saab told its dealers that new vehicles will be sold “as is.” The suspension started last Monday, which is also when a Swedish court granted Saab’s bankruptcy petition to liquidate and start paying creditors. Saab's assets will be overseen by two receivers.
The suspension took effect on Dec. 19 and will continue indefinitely. In a statement, Saab Cars North America said that for this period, the warranty booklet has to be taken out from the owner information packet.
Dealers were asked to inform customers that all vehicles sold or leased is sold 'as is’ and won’t have any warranty coverage. Saab Cars North America said that owners have to be advised that until further notice, they have to keep receipts of all related warranty work done or services performed.Read the entire article Saab suspends warranty coverage of all of its vehicles in North America
A Swedish court has granted Saab’s bankruptcy petition and has appointed two receivers to administer the carmaker’s assets. Severely affected are dealers, including 188 in the U.S., who hope to get compensation for their losses. They were informed of Saab’s liquidation on a conference call with Tim Colbeck, COO of Saab Cars North America.
“A lot of jobs at the dealer level are going to be lost,” said Kurt Schirm, chairman of the Saab National Dealer Council.
Bernie Moreno, dealer principal of Saab of North Olmstead, Ohio, said dealers have to wait for further directions before they can receive payments. Saab is waiting for the Swedish court for directions for its liquidation. The national dealer council is currently working with NADA to determine their customer liability.Read the entire article Saab dealers in the U.S. seek fair compensation in bankruptcy
While Saab Automobile AB is waiting for bridge loan funding, the manufacturer payments (such as those for warranty repair) for its dealers in North America are on hold. Last Thursday, dealers were told that the payments were going to be delayed during a conference call with manufacturer representatives. A memo had also been sent from Saab Cars North America COO Tim Colbeck. The affected payments are those for warranty work, dealer holdback and dealer incentives.
Colbeck added that Saab intends to offer funding when it’s available but it would have to use its judgment on whether these programs will be used until SCNA could confirm funding is in place.
The notice was given after General Motors, which previously owned Saab, revealed that it won’t approve a rescue deal between current Saab owner Swedish Automobile NV and the two Chinese companies that want to acquire the brand.Read the entire article Saab dealers in North America are waiting for their payments
Saab has struggled from cash issues and the stoppage of production at its Trollhattan, Sweden, plant, but despite that, its executives are confident that it will still be able to appeal to customers.
At Saab’s North American headquarters in suburban Detroit, Saab Cars North America President Tim Colbeck said that the carmaker is coming out with a grass-roots marketing campaign that centers on the “heart, brain and wallet.”
Colbeck added that Saab has to move away from marketing vehicles based on price. Instead, it has to concentrate on raising the enthusiasm for its vehicles.Read the entire article Saab is very optimistic that it will attract US customers, despite problems
Timothy Colbeck has been named as Saab Automobile AB’s chief operating officer for North America. Saab has recently entered a partnership deal with China-based Hawtai Motor Group. Saab had been forced to suspend production when it suffered a cash crunch and was unable to pay suppliers.
In a statement, Saab revealed that Colbeck is a 25-year veteran of Fuji Heavy Industries Ltd.'s Subaru of America unit. He served most recently there as senior vice president for sales.
Colbeck will be reporting to Matthias Seidl, Saab's global sales chief, and Saab’s North America board. Under the plan signed May 3, Saab will be receiving a 120 million-euro ($172 million) investment from Hawtai.Read the entire article Timothy Colbeck is the new chief operating officer (COO) for Saab North America
Starting in the spring of 2011, Hirsch Performance aftermarket products will be available for Saab’s 2007-11 model year, Saab 9-3 and 2010-11 model year 9-5 cars through select Saab dealers. The announcement was jointly made by Saab Cars North America and Hirsch Performance AG of Switzerland.
Among the aftermarket products that Hirsch Performance offers are the following: engine mapping performance upgrade, +30 hp, performance spring set, dual performance exhaust system, rear deck lid spoiler, carbon fiber aerodynamic ground effects kit (front splitter and diffuser), 4-piece grille set, Aluminum pedals, leather interior set and carbon instrument panel.
In addition, the joint statement revealed that several Hirsch components are restricted to specific Saab models.Read the entire article Saab announces that Hirsch Performance products will be available in the U.S.
Michael Colleran, Saab Cars North America’s chief operating officer has resigned and has been replaced by Matthias Seidl who serves as interim chief operating officer effective immediately.
Saab issued a statement that Colleran had quit to pursue further career opportunities. In February 2010, Spyker Cars NV bought Saab from General Motors.
Since then, it has not succeeded in its efforts to rebuild the brand in the U.S. Saab had made a prediction that it will sell 10,000 vehicles in the U.S. in 2010 but it was only able to sell 4,837 vehicles.Read the entire article Saab names Matthias Seidl as interim COO for North America
Because of high development costs and low chances to return a profit, Saab may not bring a diesel version of the 9-4X model to the US, according to Saab’s CEO, Jan Ake Jonsson.
He stated that beginning next year, Saab will be targeting two new markets, Russia and China. In an interview with Autonews, Jonsson said that the introduction of a diesel engine to the 2012 Saab 9-4X is unlikely.
He explained that the company would have to find a diesel engine, test it, install it, validate it, and this uses up two years into the life cycle of a vehicle. He said that this leads to a “very short payoff period." Saab is aiming its 9-4X at the luxury crossover segment dominated by the Audi Q5 and BMW X3.Read the entire article Saab will not bring a diesel-powered 9-4X crossover to the United States
Saab’s chairman Victor Muller has set a goal for buyers in the United States to account for half of the sales of its new 9-4X crossover. He added that starting 2012, the company targets global sales of 15,000 to 20,000 vehicles each year. Muller described this model to be a “very important car” as it is the extender of its product portfolio.
He said that what this means is that the company is capable of capturing and keeping clients in its brand “much more easily than ever before.”
Muller revealed that the 9-4X, Saab's biggest model, will go up against Audi's Q5 and Q7 and BMW's X3 and X5. Boasting the features of a car and a sport-utility vehicle, the crossover serves to expand Saab's product line that already had the 8-year-old 9-3 car.Read the entire article Saab wants half of the sales of its new 2011 9-4X crossover to be in U.S.
A third General Motors Co. brand gets the ax this year. Despite optimism that Saab will be sold off to Spyker Cars NV, issues "couldn't be resolved quickly enough" and so GM had decided to just cancel the brand, according to John Smith, GM's vice president for corporate planning and alliances.
In a call with reporters, Smith confirmed that Saab and its 218 US franchises will be shuttered after a deal with Spyker failed to prosper. Smith said that GM tried "very hard" in the short period of time that it had to try to make a deal with Spyker but that it "just didn't work out."
GM had been seeking for a buyer the past year. Last November, Koenigsegg Group AB terminated its agreement to purchase Saab. The negotiations with Spyker represented its second failed attempt to sell the brand.Read the entire article Report: Saab and its 218 U.S. franchises will close down
Famed actor Mark Wahlberg is known for his many roles, one of which is playing as Cade Yeager in the fourth and fifth installment Transformers film series. In the film, Wahlberg gets to ride Bumblebee, a Chevrolet Camaro. In real life, Wahlberg gets to sell not just a Camaro, but other Chevrolet vehicles in his new car dealership business.
According to a report by The Detroit News, Wahlberg has announced that he is opening a car dealership – his very first -- Columbus, Ohio. Wahlberg’s car dealership is a result of partnership inked with seasoned car dealer, Jay Feldman. A businessman in his own right, Feldman is an owner of not just one, but eight Chevrolet dealerships across southeast and mid-Michigan. The report says that Wahlberg and Feldman have been friends for years now, and are partners in Wahlburgers restaurants in Cleveland and Georgia.
It is easy pretty much easy to locate Wahlberg’s new car dealership in Columbus. After all, the dealership bears his name -- Mark Wahlberg Chevrolet, and it is located in a former Chevrolet dealership the duo has bought in 3900 W. Broad St., Columbus. Interestingly, the Mark Wahlberg Chevrolet dealership will feature the same “W” logo that has come to distinguish his Wahlburger chains. These burger chains are found in a number of locations in the United States, like in Palo Alto, California and in Orlando, Florida. A Wahlburger can also be farther north, in Toronto Canada.Read the entire article Mark Wahlberg drives into Columbus, Ohio with a new Chevrolet car dealership
At last, the new 2019 Acura RDX is arriving this June, and customers interested in purchasing this reengineered and redesigned SUV would need at least around $38,295 (including destination) in their pockets to own the entry-level version of this luxury vehicle.
The base two-wheel drive model of the 2019 Acura RDX has a window sticker price of $37,300, before $995 in destination fees. The base 2019 RDX with the Super Handling-All Wheel Drive (SH-AWD) system, on the other hand, is priced at $39,300 before $995 destination fees. At this starting price, the Acura RDX is essentially less expensive than the BMW X3 (at $41,000), the Audi Q5 (at $41,500), and the Volvo XC60 (at $41,500). However, the new RDX is bit pricier than the Infiniti QX50 (at $36,550), the Lexus NX (at $35,985) and the Lincoln MKC (at $33,995).
Interestingly, some standard equipment and features on the RDX are offered as optional on more expensive luxury SUVs like the X3 and the Mercedes-Benz GLC 300. These include adaptive cruise control, automatic emergency braking, lane keep assist as well as road departure mitigation. Furthermore, the base RDX with SH-AWD comes standard with LED headlights, a panoramic moonroof, as well as a set of 19-inch wheels.Read the entire article 2019 Acura RDX arrives in June with starting price of $37,300 before destination fee
BMW also revealed its options range for the brand’s newest high performance model. For instance, getting a metallic paint would cost $550, while a moonroof is priced at $1,050, and the seven-speed dual-clutch transmission will be priced at $2,900.
There will also be an M Driver’s Package for $2,500 that will boost the speed limiter to 174 miles per hour (280 kilometers per hour) from the original max speed of 155 miles per hour (249 kilometers per hour). Customers will also be required to join a one-day driving school at the BMW Performance Center. There will also be an $850 Executive Package that includes a heated steering wheel, adaptive LED headlights, automatic high beams, wireless device charging, and speed limit monitor.Read the entire article 2019 BMW M2 Competition has $58,900 starting price, sales kick off in July
Automakers have been jumping on the bandwagon of offering subscription vehicle service. You may have already heard about BMW’s Access by BMW or Porsche’s Passport. Now, Mercedes-Benz is planning to join the lateset trend of car sharing with the newest Mercedes-Benz Collection, a monthly subscription that will launch in two United States cities in the summer. These are Nashville, Tennessee, and Philadelphia, Pennsylvania.
The two cities will act as test beds for the Mercedes Benz Collection. For some reason, BMW also chose Nashville to be the starting point of their service, while Porsche went for Atlanta, Georgia. In particular, Mercedes Benz Collection will let users swap vehicles depending on their needs and their lifestyles.
As such, there will be different levels to the monthly subscription, and that will depend on how much you are willing to spend too. Subscribers will have an option to rent everything from sedans to SUVs, to roadsters and wagons, including Mercedes-AMG models in each tier.Read the entire article Mercedes-Benz Collection subscription service will be launched in two US cities this summer
Audi opened the order books for the Audi R8 V10 RWS ((Rear Wheel Series) in fall 2017 in Europe, with the model already arriving in dealership earlier this year. At the time it was unveiled, it was still unsure whether Audi is bring the new R8 V10 RWS to the United States. Now, the premium carmaker is indeed bringing the R8 V10 RWS, at a hefty starting price of $139,950 each, Motor Trend says citing its own source.
At this pricing, the Audi R8 V10 RWS – the carmaker’s first-ever production and street-legal rear-wheel-drive R8 model – is around $26,000 cheaper than the Quattro model. However, those who are interested in acquiring this edition of the R8 should remain always alert as to when it would arrive in the US, because only 320 examples are allocated for this market. While Audi didn’t give an official date for the arrival of the R8 V10 RWS in the US, it is expected that this would occur in the last quarter of the year.
The German carmaker only needed to get rid of the Quattro all-wheel-drive system to pave way to the RWD layout, thereby giving birth to the R8 V10 RWS. However, its powerful naturally aspirated V10 remains the same. The removal of the Quattro allowed the R8 V10 RWS to trim its weight by as much as 50 kg (110 pounds) for the Coupe model, and around 40 kg (88 lbs.) for the Spyder variant.Read the entire article Audi R8 V10 RWS is coming to the US at starting price of $139,950
We are all aware that the 2019 Volkswagen Jetta will hit dealerships by the end of this year. But that is not the only thing that we are excited about as it will also be cheaper than its predecessor. The company just announced that the MQB based sedan will have a price tag of $18,545 when it goes on sale later this year - excluding handling and destination. This still makes it $100 less than the outgoing model which starts at $18,645.
The VW Jetta comes in a number of different trims, and the most standard one will be the S trim that is equipped with a 1.4 liter turbocharged engine that makes 147 horsepower (109 kilowatts) and 184 pound feet (249 Newton metres) of torque. The Jetta S will then be working with a standard six speed manual transmission, or you could opt for the eight speed automatic transmission for a little more (plus $800). Some its other standard features are its 16 inch wheels, LED headlights and taillights, and a 6.5 inch infotainment screen, which has Bluetooth connectivity and is compatible with your Apple and Android devices.
The next trim will be the SE model that starts at $22,155. This trim will be getting the same 1.4 liter turbocharged engine that is exclusively paired to an eight speed automatic, without a manual option. Additional features include a panoramic sunroof, a dual zone automatic climate control, a leather wrapped steering wheel and shift knob, and heated front seats. Safety features that come standard with this include forward collision assist and blind spot monitoring with rear traffic alert.Read the entire article 2019 VW Jetta costs $100 less than the outgoing model
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