Saab, or Svenska Aeroplan Aktiebolaget (Swedish Aircraft Company), was founded in 1937 as an aircraft manufacturer and revealed its first prototype passenger car 10 years later after the formation of
the Saab Car Division. Saab cars reflect the brand's unique Scandinavian design ethic, which is fused with its aircraft engineering heritage. The company is a global premium car maker with a distinguished history of
innovation. It is recognized for its pioneering role in turbocharging, as well as occupant safety and the introduction of flex-fuel technology through Saab BioPower.
Swedish Automobile N.V. (Swan), (formerly named: Spyker Cars N.V.) is a holding company that owns subsidiaries which produce and sell premium automobiles under the Saab and Spyker brands. The Group is listed on NYSE Euronext Amsterdam (ticker symbol SWAN). In 1990, Saab Automobile AB was created as a separate company, jointly owned by the Saab Scania Group and General Motors, and became a wholly-owned GM subsidiary in 2000. In February 2010, Spyker Cars N.V. of the Netherlands, acquired the company from GM as an independently-run business. purchase of Saab Automobile was finalized in 2010. In late 2011, Saab Automobile AB, Saab Automobile Powertrain AB and Saab Automobile Tools AB (together Saab Automobile) entered voluntary reorganization under Swedish law see details
Saab Automobile currently employs approximately 3,800 staff in Sweden, where it operates world-class production and technical development facilities at its headquarters in Trollhattan, 70 km north of
Saab Automobile AB is separate from Saab AB