Reuters Photojournalism
Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption
The SpaceX mission
A privately owned unmanned rocket blasts off on a mission to be the first commercial flight to the International Space Station. Slideshow
FACTBOX: Key facts about GM subsidiary Saab
STOCKHOLM |
STOCKHOLM (Reuters) - Following are key facts about Saab Automobile, a wholly-owned subsidiary since 2000 of General Motors Corp which said the Swedish carmaker could file for reorganization as early as this month.
* Headquarters: Trollhattan, southwest Sweden.
* Financials: 2007 operating loss of 2.19 billion Swedish crowns ($248 million loss), after a 2.90 billion loss in 2006, according to the Swedish Companies Registration Office. Saab Automobile has not made a profit since 2001. (GM does not report Saab financials separately.)
* Employees: 4,108 at the end of 2008, of which 3,717 in Trollhattan. 2,059 blue-collar workers are employed at the Trollhattan factory.
* Sales: 93,295 vehicles globally in 2008, or 1.1 percent of total GM sales volume, down 25 percent from 2007.
* History: Saab has made cars in Trollhattan since 1949. GM bought 50 percent of the firm in 1989 when Saab Automobile was established as an independent company, following a joint venture agreement with Saab-Scania. GM bought the rest of Saab Automobile in January 2000.
* Products: Saab's car models 9-5 and 9-3 are built in Trollhattan. Saab 9-3 Cabriolet is made in Magna Steyr in Graz, Austria. GM's current plan is to move production of Saab 9-5 to its Opel factory in Russelheim, Germany, in 2009.
(Sources: Saab Automobile, GM Sweden, GM Europe, Swedish Companies Registration Office)
(Reporting by Victoria Klesty, editing by Dan Lalor)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints




Follow Reuters