Bankrupt Saab Automobile Car Auction Now Underway

AutoInformed.com

GM still owns the rights to the Saab 9-4 SUV. The Mexican-built Saab is based on the Cadillac SRX and had a brief  production run before Saab’s bankruptcy.

The receivers of bankrupt Saab Automobile AB are conducting an action of 68 cars, some of them rare models, in order to raise funds. These include cars where only a few examples were ever made, as well as a number of the models Saab began to produce, but were never sold. The auction starts today on KVD Kvarndammen’s market place and concludes in the middle of December.

Some of the cars offered are so-called de-registered vehicles that made use of Saab’s test car exemption, which is no longer valid. These Saabs cannot be registered for use on the road, and are meant for car museums and private collections.

Other Saabs are registered vehicles ready for sale and the transfer of title. The Saabs are approved and registered for use on the road in Sweden. The registration of these cars is transferred to the buyer on delivery and the car can be driven away.

A murkier category includes Saab models currently residing in a bonded warehouse. The buyer is responsible for submitting a customs declaration and paying the charges. All the vehicles in bonded warehouse have a certificate of conformity (COC).

Some of the cars are new, unregistered vehicles. They are among the last cars made by Saab Automobile AB and never got as far as registration. Some of these vehicles have a COC, making registration possible, while others do not.

The details of each of the new vehicles state whether a COC is available or not. Vehicles without COCs – all the Saab 9-5 Sedans and Saab SportCombi 12 models – cannot be registered for the road.

About Ken Zino

Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
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