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Press: Saab Announces 9-2 Model at NY Auto Show [saabnow]
Posted by The Saab Network (more from The Saab Network) on Tue, 15 Apr 2003 17:26:58
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Subject: Press: Saab Announces 9-2 Model at NY Auto Show
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Saab to add 9-2 Model to its Product Line in 2004

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Saab announces a cooperation with Fuji Heavy Industries Ltd. (Fuji) to
produce a new performance-oriented all-wheel drive model - the Saab 9-2 - in
Spring 2004. The new vehicle will provide Saab with a capable, dynamic entry
below the new 9-3 Sport Sedan.

NEW YORK - Continuing with its biggest ever product offensive, Saab
Automobile AB expands its product line further with the introduction of the
new Saab 9-2. The 9-2 will be Saab's entry offer and will help attract new,
younger customers to the brand. It is targeted at customers looking for a
distinctive, fun-to-drive car with the versatility to support an active
lifestyle. As customers would expect from Saab, the 9-2 will feature
excellent driving dynamics with its sophisticated all-wheel drive system and
turbo performance as well as great versatility with its hatchback body style.

Leveraging the global resources of the GM Group, Saab Automobile AB is
collaborating with Fuji of Japan to create the new Saab 9-2 model in
cooperation with Subaru, Fuji's automotive division.

'We see an emerging segment in the United States for a premium, small car
below the Saab 9-3 Sport Sedan,' says Peter Augustsson, President and CEO of
Saab Automobile AB.

'The Saab 9-2 is a result of collaboration between two like-minded brands. We
both have a special aircraft heritage and a successful history in rallying,
and our cars are known as dynamic, safe and fun-to-drive. It makes a lot of
sense for us to combine our strengths in creating the next Saab and bring it
to the market quickly,' says Augustsson.

Saab will offer two versions of the new 9-2, both five-door, all-wheel drive
cars. The base Saab 9-2 will be equipped with a 2.5-liter four-cylinder
engine, while the Aero version will feature a high performance, 2.0-liter,
turbocharged four-cylinder engine.

Initially, the vehicle will only be offered in the United States and Canadian
markets.

'Both brands have this special flair,' said Bob Lutz, GM's Vice Chairman for
Product Development. 'It is such a natural fit for them to combine their
talents and expertise to bring the first all-wheel-drive performance car into
the Saab family - a car with great dynamic qualities and exhilarating
performance.'

The new Saab 9-2 will be produced in Fuji's facilities in Japan, beginning in
the spring of 2004.

Saab Automobile AB, based in Trollhattan, Sweden, is fully owned by GM, which
has a 20 percent stake in Fuji.
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