Financial Trouble Stopped Saab 9-3 Production

The popular Saab 9-3 model is a full size executive sedan based upon the GM2900 platform. The sedan is loaded with proper equipments and gadgets to optimize it for the formal businessmen. Its production is decided to be finished this year. Unfortunately, the company has to halt the production of Saab 9-3 due to financial issue. According to the popular media source, the Wall Street Journal, Autoguide, the production of Saab 9-3 model has been stopped by higher authorities National Electric Vehicle Sweden (NEVS). Officially, The NEVS is the parent company of Saab. The official source has stated that its stakeholder has failed to finance the production of units further.

Photo 1: SAAB

Due to this, the company has to see downfall on the financial front. However, the experts of the Saab and NEVS described that company will be able to run up the financing in the long run, securing their financial support. The variant of Saab 9-3 that was on the production line resembled units produced in April 2011. However, the model had been loaded with 2.0L 4 cylinder engine to produce awesome power. Its Turbocharged engine was one of the major attractions of model, apart from formal outlook and fabulous interior with sleek and elegant theme.

There is no specific news about when the production will be resumed. However, the official sources have assured the media that the production will soon be back. The long term financial support will be its back up for production line, thus, boosting economical condition of the company, followed by its brand. 

Photo 2: Financial Trouble Stopped Saab 9-3 Production