The Saab name is set to live on attached to electric vehicles after a Chinese-Japanese consortium signed a purchase agreement to buy the Swedish brand declared insolvent in December 2011.
The farcical Saab saga has taken another twist days before a crucial court ruling on its future after the brand was snubbed by its choice of new administrator.
Saab has been forced to select Lars Soderqvist of law firm Hokerbert & Soderqvist as the person to oversee its reorganisation and protection from creditors after another lawyer, Lars-Henrik Andersson, turned down the offer of the post.
Saab resumed production at its Trollhattan, Sweden plant yesterday - a month after Dutch firm Spyker Cars took over as owner from General Motors.
Spyker CEO Victor Muller and Saab CEO Jan Ake Jonsson were present at the re-opening of the plant where an estimated 100 Saab 9-5 models will be produced daily.
The bonnet of the first vehicle to roll off the assembly line, a silver 9-5, wore a decal reading "Saab 001 of a new era".
Saab has today released more details of its new 9-5 model flagship ahead of next month's Frankfurt Motor Show.
The new 9-5 will play an important role in moving the Saab brand forward under its new owners Koenigsegg which plans to complete its purchase of the brand from GM shortly.
“We have created an advanced and very distinctive product by leveraging the power of our roots in key areas, such as progressive Scandinavian design, sporty driving and responsible performance.
