Saab is a Swedish automotive brand established in 1947 by the former parent company, Saab AB, the airplane manufacturer founded in 1937.
The first Saab automobile, the Saab 92, started design in 1945 and came into production in 1949. The Saab 92 had a 750 cc two-cylinder, two-stroke engine, a drag coefficient of 0.32 and was designed with a safety cage surrounding its passengers, a first in automotive design. Saab entered the Saab 92 in racing in 1950 and continued racing until 1980.
Seat belts were introduced in 1958, an automotive first, the Saab 95 Station Wagon were produced from 1959-78, the Saab 96 hatchback from 1960-80, the Saab 99 from 1970-1984, the Saab 900 from 1979-98 and the Saab 9000 from 1985-98.
General Motors (GM) acquired 50% of Saab in 1989 and the remaining shares in 2000. New Saab models were badge engineered from other models in the GM line; i.e. Opel Vectra became 1994-98 Saab 900, Subaru Impreza became Saab 9-2X and the Chevrolet Trailblazer became Saab 9-7X. Saab was sold to Spyker in 2010, went bankrupt in 2011 and were acquired by National Electric Vehicle Sweden (NEVS) in 2012.