
12-16-2004, 11:18 AM
December 16
1949 Swedish Carmaker Debuts
A Swedish company by the name of Svenska Aeroplan Aktiebolaget produced its first motorcar. In 1965, the concern changed its name to Saab Aktiebolag, and a few years later simply to Saab. The first Saab automobiles were engineered with the precision of fighter planes--the company's other main product. Today Saab is known for producing safe, reliable, high-performing vehicles. In 1990, General Motors bought Saab's car operations, excluding its bus, truck, and military jet businesses. Ten years later, GM acquired the rest of Saab's automotive operations.
|