1999 First Quarter Sales Up 51 Percent



4/8/99

SAAB 1999 FIRST QUARTER SALES UP 51 PERCENT

Strong 14% March sales increase keeps Saab momentum building

NORCROSS, Ga. - Saab Cars USA, Inc., the U.S. importer and distributor of Saab 9-3 and 9-5 automobiles, announced sales of 3,292 units during March 1999, a strong 14 percent increase over March 1998 (2,894 units sold). This represents the best March Saab and its 205 U.S. retailers have enjoyed since 1995. Year to date, Saab sales are up 51 percent over the same period in 1998 (8384 vs. 5542).

Saab 9-3 Convertible sales (1,052 units) continued to fuel sales growth, with a 10 percent increase over last March (956 units). Saab's 9-3 model line accounted for 67 percent of total March sales (2,211 units).

Saab 9-5 sales included a growing volume of top-of-the-line Saab 9-5 V6 models (486 units) as a result of increased availability of the automaker's asymmetrically turbocharged V6 engine. The Saab 9-5 sedan continues to draw new buyers to the Saab brand. During March 1999, 1,072 Saab 9-5 models were retailed, compared to just 255 Saab 9000 variants during March 1998.

Saab Cars USA, Inc. is headquartered in Norcross, GA, near Atlanta.


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