Saab

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SAAB is an aircraft and automobile concern based in Sweden, founded 1937 in Linköping. Its name is an acronym for "Svenska Aeroplan AB," where "AB" stands for "aktiebolag" ("limited company").

Related Topics:
Aircraft - Automobile - Sweden - 1937 - Linköping - Aktiebolag

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Originally manufacturing airplanes, the company sought ways in which to diversify its business and in the late 1940s started to manufacture Saab Automobile, based in the city Trollhättan. The first car was the Saab 92001 on June 10, 1947. In the late 1950s SAAB then ventured into the computer market with Datasaab.

Related Topics:
1940s - Saab Automobile - Trollhättan - Saab 92001 - June 10 - 1947 - Datasaab

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In 1969 Saab merged with the truck maker Scania-Vabis, and between 1969 and 1995 the company was called Saab-Scania AB. General Motors bought 51 percent of the automobile division Saab Automobile in 1990, and acquired the rest a decade later. Saab Automobile has not generated a profit since the complete GM takeover.

Related Topics:
Scania-Vabis - General Motors - Saab Automobile - 1990

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