Saab Automobile
For the defence and aerospace company, see Saab.
Saab Automobile AB, better known as Saab, is a Swedish car manufacturer and currently a wholly-owned subsidiary of General Motors. It is the exclusive automobile royal warrant holder as appointed by H.M., the King of Sweden. Since its inception, Saab has become known for turbocharging, “quirkiness”, safety and green technology.
Company history
Saab was originally created as a division of the Swedish Aeroplane Company (Svensk Aeroplan Aktiebolag in Swedish). The company had been established in 1937 for the express purpose of building aircraft for the Swedish Air Force. With World War II nearing its end, the company began looking for new markets in which to expand. In 1944, Project 92 began, with the goal of creating the first Saab passenger car. Five years later, the Saab 92 began production. The design highlighted the company’s roots in aviation. Notably, the car’s drag coefficient of 0.30 was the lowest of any production car at the time.[citation needed]