New Saab rolls off production line

New Saab rolls off production line

Saab is back in business - with a new car rolling off its production line for the first time in over two and a half years.

National Electric Vehicle Sweden, which bought Saab out of bankruptcy in September 2012, has finally unveiled the remodelled 9-3 Aero.

The Hong Kong-based company eventually aims to make electric cars under the Saab brand, but said it will also provide petrol cars until "electric cars fully meet customer demands".

Saab shut down production in April 2011 as its previous Dutch owner, Spyker, struggled with finance issues. The automaker, formerly owned by General Motors, went on to file for bankruptcy in December the same year.

However, the assembly of the new petrol-powered Saab 9-3 Aero marks the start of a new era at the firm.

The first 200 cars, which are scheduled to be delivered in spring 2014, will cost 279,000 kronor, or £26,000, each.

Copyright Press Association 2013