New Saab sedan launched
For the first time in two-and-a-half years, a new Saab sedan has rolled off the production line in Trollhattan in southwest Sweden.
National Electric Vehicle Sweden (NEVS), the Hong Kong-based company that bought Saab out of bankruptcy in September last year, on Monday presented its new 9-3 Aero.
The company, also called NEVS, aims to make electric cars under the Saab brand, but said it will also provide gasoline-fuelled cars until "electric cars fully meet customer demands".
The first 200 cars will be delivered in the spring and will cost 279,000 Danish kronor ($61,988).
Saab shut down production in April 2011 as its previous Dutch owner, Spyker, struggled with financing.
Formerly owned by General Motors, Saab filed for bankruptcy in December the same year.