2011 Nissan Leaf EV Will Cost $25,280 After Fed Tax Credit, Maybe Less

The 2011 Nissan LEAF electric vehicle will have a Manufacturer's Suggested Retail Price (MSRP) of $32,780, which includes three years of roadside assistance. Including the $7,500 federal tax credit for which the Nissan LEAF will be fully eligible, the consumer's after-tax net value of the vehicle will be $25,280. Additionally, Nissan says there is an array of state and local incentives that may further defray the costs and increase the benefits of owning and charging a Nissan LEAF such as a $5,000 statewide tax rebate in California; a $5,000 tax credit in Georgia; a $1,500 tax credit in Oregon; and carpool-lane access in some states, including California. As a result Nissan will be able to offer a monthly lease payment beginning at $349, not including state or local incentives, which could further reduce the net cost of the Nissan LEAF. The SL trim level, available for an additional $940 (MSRP), adds features including rearview monitor, solar panel spoiler, fog lights, and automatic headlights.

Nissan will offer personal charging docks, which operate on a 220-volt supply, as well as their installation for an average cost of $2,200 which Nissan says is eligible for a 50 percent federal tax credit up to $2,000. Nissan is providing these home-charging stations, which will be built and installed by AeroVironment, as part of a one-stop-shop process that includes a home assessment. Using current national electricity averages, Nissan LEAF will cost less than $3 to "fill up."

NY Auto Show: 2011 Lincoln MKZ Hybrid On Sale This Fall

The new 2011 Lincoln MKZ Hybrid, Lincoln's first hybrid, uses a the 2.5-liter Atkinson-cycle I-4 hybrid engine, Ford's second-generation hybrid technology. The new 2011 Lincoln MKZ Hybrid is expected to deliver at least 41 miles per gallon in the city when it goes on sale this Fall. Lincoln says Lincoln MKZ Hybrid's projected fuel economy tops its nearest competitor, the 2010 Lexus HS 250h, by 6 mpg. The combined gasoline engine and electric motor provide 191 net horsepower. Plus, the pure electric mode on the Lincoln MKZ Hybrid extends to 47 mph compared with the Lexus HS 250h battery-only mode which reaches just 25 mph.The 2011 Lincoln MKZ Hybrid uses a the 2.5-liter Atkinson-cycle I-4 hybrid engine, Ford's second-generation hybrid technology.

The 2011 Lincoln MKZ Hybrid comes standard with features and technologies like the SmartGauge with EcoGuide, Ford's interactive technology providing real-time information on efficiency and driving performance, Lincoln SYNC, a voice-activated communications and entertainment system, and MyKey which allows parents to program a key to limit speed and audio volume to encourage teens to drive safer and improve fuel efficiency.

Microsoft Hohm
Also, Ford and Microsoft announced Microsoft Hohm™, an energy management application for Ford’s electric vehicles that will help owners determine when and how to most efficiently and affordably recharge battery electric (BEV) and plug-in hybrid (PHEV) vehicles. It also should help utility companies manage the added demands of electric vehicles on the electric grid.make electric vehicle ownership easier and more affordable for consumers.

NY Auto Show: 2011 Mazda2 Starts At $14,730 In July, New Engines In 2011

The all-new 2011 MAZDA2, powered by a 100 horsepower 1.5-liter four-cylinder engine, will have a starting manufacturer's suggested retail price (MSRP) of $14,730, including destination charges of $750 when it arrives in U.S. showrooms in July. The 2011 MAZDA2 is available in two trim levels – the entry level Sport will have either a five-speed manual or four-speed automatic transmission and the Touring which has a starting price of $16,185, is equipped with a five-speed manual transmission or available four-speed automatic transmission.

Standard features include Anti-lock Braking System (ABS), Dynamic Stability Control (DSC) with Traction Control System (TCS), Electric Power Assist (EPAS) steering system, 185/55/R15 all-weather tires mounted on 15-inch steel wheels with full wheel covers, body-colored door handles and power mirrors, air conditioning, power windows and door locks, AM/FM/CD/MP3 stereo with four speakers, audio auxiliary jack, tilt steering wheel, remote keyless entry system, rear window wiper/washer and 60/40 split fold-down rear seats.  

All Touring models feature upgraded cloth seat fabric with red piping, 15-inch alloy wheels, fog lights, rear roof spoiler, chrome exhaust tip, leather-wrapped steering wheel-mounted audio and cruise controls, trip computer and a six-speaker AM/FM/CD/MP3 stereo system.

New Engines Coming Next Year
Mazda plans to launch its all-new SKY Concept powertrains into the U.S. market, beginning as early as 2011. The Mazda SKY-G, Mazda's next-generation gasoline engine, will be the core powertrain in future Mazda vehicles. SKY-G is expected to boost fuel efficiency by approximately 15 percent while also increasing engine power. Mazda plans to put its SKY-D engine into its next-generation mid-sized diesel car, achieving highway fuel economy of up to 43 miles per gallon, a 20-percent improvement in fuel efficiency over Mazda's current 2.2-liter diesel.

NY Auto Show: 2011 Scion tC Coming This Fall, iQ Arrives in Early 2011

The all-new 2011 Scion iQ, equipped with a 90 horsepower 1.3-liter, four-cylinder engine, was touted as MINI-er and smart-er at the New York Auto Show which clearly defines its target competitors. The iQ has a 78.7-inch wheelbase, overall length of 120.1-inches and width of 66.1-inches. The iQ will come standard with 10 SRS airbags, including the world's first rear-window curtain airbag. The iQ comes standard with a six-speaker audio system, USB and auxiliary ports. The 2011 iQ will go on sale in early 2011.

Six years after its launch, the second-generation Scion tC sports coupe emerges on a new platform with an all-new 2.5-liter inline four-cylinder engine with dual VVT-i that generates 180 horsepower, 19 more than the previous model, and 11 additional lbs.-ft of torque. The tC features two all-new transmissions, a six-speed manual transmission and a new six-speed automatic which gains two gears along with sequential-shift.

Overall, the cabin has been lengthened and reclining rear seats that split 60/40, provide more storage capacity. The panoramic moonroof remains standard in the new tC. The new tC comes standard with an AM/FM/CD/USB audio system that features eight speakers and, as with all Scion models, steering-wheel-mounted controls allow the driver to easily navigate through all of their music. The tC is scheduled to arrive in dealerships later this Fall.

NY Auto Show: Infiniti QX Arrives Early Summer, Nissan JUKE This Fall

The all-new Nissan JUKE sports cross is built on the Versa platform and looks like a smaller version of the Rogue crossover. JUKE is powered by a 180+ horsepower 16-valve DOHC aluminum-alloy 1.6-liter inline 4-cylinder Direct Injection Gasoline turbo engine delivering 170+ lb-ft of torque. The JUKE will be offered with both front wheel drive and a torque vectoring all-wheel drive system. The two transmissions offered are Nissan’s Xtronic Continuously Variable Transmission with S-Mode and a 6-speed manual transmission on the SV FWD and SL FWD models only. Nissan says that JUKE is expected to start at just under $20,000 when it arrives in showrooms this Fall.

The all-new 2011 Infiniti QX Luxury Sport Utility Vehicle has a new 400 horsepower 5.6-liter V8 engine with Infiniti’s VVEL (Variable Valve Event & Lift) and Direct Injection Gasoline technologies producing 25% more power and more than a 10% increase in fuel efficiency versus the previous design. A new standard 7-speed automatic transmission with manual shift mode and Downshift Rev Matching replaces the previous 5-speed automatic.

Features include Standard Around View™ Monitor, upgraded Bose® Premium Audio System, Automatic Temperature Control System. In addition, the new QX offers a new Hydraulic Body Motion Control system, a Theater Package with dual 7-inch monitors, Advanced Climate Control System, Lane Departure Warning , Lane Departure Prevention and new Blind Spot Warning.

The 2011 Infiniti QX will start at a Manufacturer's Suggested Retail Price (MSRP) of $56,700 for the QX56 2WD and $59,800 for the QX56 4WD, excluding applicable tax, title, license and Destination & Handling fees which is the same pricing as the previous generation QX. The 2011 QX is scheduled to go on sale at Infiniti retailers nationwide in early summer 2010.

NY Auto Show: 2011 Subaru Impreza WRX STI Coming This Summer

Subaru introduced the new 2011 4-door Impreza WRX STI to join its 5-door performance flagship model with revised suspension tuning and lighter 18-inch wheels. The WRX STI has a high-boost 305 horsepower turbocharged/intercooled 4-cylinder boxer engine mated to a 6-speed manual transmission with the Multi-Mode Driver Controlled Center Differential version of Symmetrical All-Wheel Drive with three "Auto" modes, as well as a manual mode with six driver-selectable differential locking settings.

The 4-door WRX STI has a newly designed front grille with black base, wider rear fenders, lowered ride height and the Brembo Performance Brake System which uses ventilated 4-wheel Super Sport anti-lock disc brakes with Electronic Brake-force Distribution. The 2011 Subaru Impreza WRX STI models arrive in Subaru dealerships late this summer.

NY Auto Show: 2011 Volvo S60 Coming This Fall

The all-new all-wheel drive 2011 Volvo S60 sport sedan, another highlight from the New York Auto Show, comes with a 300 horsepower in-line 3.0-liter six-cylinder turbocharged engine delivering 325 lb-ft of torque and mated to a six-speed "Geartronic" automatic transmission. The 2011 Volvo S60 will have Pedestrian Detection with Full Auto Brake that actively helps the driver avoid accidents. Volvo’s radar- and camera-based system can detect pedestrians in front of the car, warn the driver if anyone walks out into its path – and then automatically activate the S60’s full braking power if the driver fails to respond in time.

Pedestrian Detection with Full Auto Brake consists of a newly developed radar unit integrated into the all-new S60’s grille, a camera fitted in front of the inside rearview mirror and a central control unit. The radar’s task is to detect any object in front of the car and to determine the distance to it while the camera determines what type of object it is. The Volvo S60 will arrive at dealerships later this Fall.

NY Auto Show: All-New Volkswagen Touareg & Porsche Cayenne

 
The Volkswagen Touareg and Porsche Cayenne, built together with the Audi Q7, had their latest incarnations introduced at almost the same time this week at the New York International Auto Show.

The new VW Touareg whose first generation model came out in 2004,  is wider, lower, longer with more interior room and nearly 450 pounds lighter than the previous one. The Touareg will have three available engines: A V6 FSI® gasoline engine, a V6 TDI® Clean Diesel engine, and a V6 TSI® gasoline hybrid engine.

With the Touareg Hybrid model, a 3.0-liter supercharged, direct injection V6 gasoline engine is paired with a electric motor that reduces fuel consumption and CO2 emissions by about 40 percent. The V6 engine and electric motor combined produce a total of 375 horsepower and 428 lbs.-ft. of torque allowing for full towing capacity of up to 7,700 pounds. The Touareg will hit showrooms at end of year with the gas & diesel engines with the hybrid (pictured above) to follow.

The Porsche Cayenne has four models starting at $46,700 for the 300 horsepower V6, $63,700 for the 400 horsepower Cayenne S, $67,700 for the 380 horsepower S Hybrid and $104,800 for the 500 horsepower Cayenne Turbo. The Hybrid model combines a 333 horsepower supercharged gas engine with a 47 horsepower electric motor. The Cayenne has adjustable sliding back seats, more cargo space and an interior that has taken its cue from the four-door Panamera sedan. The S and Turbo models hit showrooms on July 10 and the Hybrid and V6 come out in the Fall.

NY Auto Show: MINI Countryman - Bigger With All-Wheel Drive

The all new MINI Countryman with a MINI-first four-wheel-drive system debuted during the New York International Auto Show. Measuring 161.3 inches long and with a wheelbase of 102.2 inches, nearly six inches compared to the hardtop, the MINI Countryman offers more passenger space than any other MINI, along with nearly 40 cubic feet of cargo space.

In addition to the circular instrumentation on the dash, a key feature is the Center Rail aluminum track that stretches from the front to the rear of the cabin for storage of personal items, electrical and USB connections for  integration of smartphones and other devices.

MINI Countryman powertrain options include Cooper, Cooper S or Cooper S with ALL4. The Countryman will be the first crossover on the market to feature a turbocharged and direct-injected engine with VALVETRONIC technology for optimum performance and efficiency. Its a MINI on steroids that will go on sale in early 2011.

NY Auto Show: BMW Debuts New 5 Series, 335i, New X5 Engines

BMW's North American debuts at the New York International Auto Show were the all-new 5 Series, the 335is Coupe and Convertible and BMW X5 SAV while the BMW Alpina B7 xDrive made its World debut. All will be 2011 models. The new 5 series was most impressive and one of the highlights of the show.

The two new BMW 5 Series Sedans which arrives on June 19th are the new 535i Sedan, powered by a 300 horsepower 3.0-liter twin-scroll turbocharged inline engine, starting at $50,475, and the 550i with the 400 horsepower reverse-flow 4.4-liter Twin Power turbo V8 starting at $60,575 (including $875 Destination & Handling). Both will feature the new 8-speed automatic transmission. BMW says a 528i model will arrive later.

The driver assistance systems offered with the new 5 Series include an all-new Parking Assistant, Top View cameras, and Frontal Collision Warning with application of the brakes when ordered with Active Cruise Control plus Stop & Go. Other driver assistance features available include Blind Spot Warning, Lane Departure Warning, a Head-Up Display, BMW Night Vision with Pedestrian Detection.


Also, this spring the BMW X5 will have new powertrains and updated design for 2011.  Two of the X5’s powertrains will be all-new for 2011, creating the new X5 xDrive50i and X5 xDrive35i, in addition to the familiar BMW Advanced Diesel X5 xDrive35d. The gasoline models receive BMW’s new 8-speed automatic transmission for better acceleration and fuel efficiency.

Enhancements to the 2011 3 Series Coupe and Convertible include style updates for 328i and 335i models and a new engine for 335i models. The 2011 3 Series Coupe and Convertible models will go on sale this Spring. All BMW vehicles come with the BMW Ultimate Service, $0 maintenance for the first 4 years or 50,000 miles, is included.

Kia Tops New York Show With Optima, Sportage, Forte 5-door & Sorento SX

The New York Auto Show media days debuted an impressive line of vehicles from a variety of manufacturers but it was the Koreans that ran away with the most stunning introductions, specifically Kia. Kia showed the all-new 2011 Sportage crossover, the all-new 2011 Optima sedan, an upscale verion of the all-new Sorento called the "Sorento SX". Adding to the Korean frenzy Hyundai detailed all the bells and whistles, including massage seats, for its new $50,000-plus Equus. Hyundai also showed hybrid and turbo powered versions of the Sonata which was the top introduction at the 2009 Los Angeles Auto Show.

The biggest surprise, was the Forte five-door hatchback which will appeal to Mazda3 buyers. All, with maybe the exception of the Sorento SX have the potential to be high volume sellers. More deatils from the New York Auto Show will follow - stay tuned.

March 2010 Auto Sales, Toyota Rebounds With The Most Sales

Toyota Motor Sales reported March sales of 186,863 units, an increase of 40.7 percent for the month, compared to the same period last year.

General Motors' core brands, Chevrolet, Buick, GMC and Cadillac, had sales of 185,406, a gain of 43 percent over a year ago March.

Ford, Lincoln and Mercury March sales totaled 178,546, up 43 percent versus year ago. First quarter sales totaled 428,596, up 37 percent.

American Honda Motor posted March sales of 108,262 vehicles, an increase of 17.8 percent bringing the year-to-date sales to 256,412, an increase of 12.5 percent.

Nissan North America reported March 2010 sales of 95,468 units, an increase of 43.3 percent, compared with March 2009.

Chrysler Group reported total U.S. sales for March of 92,623 units, a decrease of 8 percent compared with March 2009.

Hyundai Motor America reported March sales of 47,002 vehicles, up 15.4 percent versus one year ago, and for the quarter, Hyundai sold 111,509 vehicles, outpacing the previous record first quarter of 2006.

Kia Motors America reported its all-time best March sales of 30,522, a 23.5-percent increase over the same period last year. Year-to-date sales are up 11.3-percent for a record best first quarter ever.

Volkswagen of America reported March sales of 22,148, for a 40.9% increase over March 2009. Year-to-date, Volkswagen's sales have risen 38.4% versus the same timeframe in 2009. Separately, Audi reported March U.S. sales of 8,589, up 33.5% from a year earlier leading to Audi's best first-quarter sales since it began marketing cars in the U.S., and sent 2010 year-to-date sales up 34.8%

Subaru of America had another monthly sales record with 23,785 units sold in March making its best first quarter sales ever with 57,494 units sold.

The BMW Group in the U.S. (BMW and MINI combined) reported March sales of 21,670 vehicles, an increase of 2.6 percent from the same month of 2009.  For the first quarter, the BMW Group also reported a total sales volume of 55,051 vehicles, up 7.4 percent compared to the first three months of last year.

Daimler reported U.S. sales of 20,700 Mercedes-Benz and smart vehicles. Mercedes-Benz USA reported March sales of 20,023 vehicles, up 28.3%, propelling the company to a 25.7% increase for the first quarter.

Mazda North American Operations reported March 2010 sales of 23,193, an increase of 5.5 percent versus March 2009.

Mitsubishi Motors North America had March 2010 sales of 5,434, a 17.6 percent increase over March 2009, and its highest monthly sales total since August.

American Suzuki reported sales of 2,246, a 72 percent tumble from March 2009 and year-to-date sales are 5,661, a 63 percent drop from 2009.

Sales will be updated as manufacturers report.

Cadillac CTS-V Sport Wagon & Chevy Cruze ECO & RS At New York

Media Days at the New York Auto are Wednesday and Thursday this week and General Motors has pre-announced that they'll be showing the 556 horsepower Cadillac CTS-V Sport Wagon show car with a supercharged 6.2L V-8 engine.

GM also announced that it will put on display the Chevrolet 2011 Cruze Eco with an Ecotec 1.4L turbocharged engine with variable valve timing that achieves an estimated 40 mpg on the highway when combined with a six-speed manual transmission. Along with the Eco, the 2011 Cruze will be offered in LS, LT and LTZ trims. Standard on LS models is a 136 horsepower Ecotec 1.8L four-cylinder engine. The Cruze Eco will be available in the fourth quarter of 2010.

 The Chevrolet 2011 Cruze RS is an optional appearance package for the LT and LTZ trim levels, with unique fascias, rocker moldings, rear spoiler, fog lamps and an uplevel instrument cluster which includes chrome accent rings in place of the standard silver finish..

March auto sales will be released on Thursday and there's much anticipation as to how Toyota will do after the recalls and re-starting of the factories that were shutdown to deal with the recall. Also, we'll see if Ford remains in top spot after outselling GM in February. More for the New York Auto Show later this week so stay tuned.

Ford's Sale Of Volvo Cars To Chinese Geely To Close In 3rd Quarter

Two Swedish car companies now have had their fate sealed, with ownership transferring from U.S. companies. General Motors recently sold Saab to Dutch company Spyker and today, after a long drawn out ordeal, the much anticipated Ford sale of Volvo to Chinese company Zhejiang Geely Holding Group Company Limited is vitually done after a definitive agreement was signed.



The purchase price for Volvo Cars and related assets (primarily intellectual property) is $1.8 billion (U.S.), which will be paid in the form of a note in the amount of $200 million (U.S.), and the remainder in cash. The cash portion of the purchase price will be adjusted at close for customary purchase price adjustments relating to pension deficits, debt, cash and working capital, the net effect of which could be a significant decrease in the cash proceeds to Ford. The sale is expected to close in the third quarter of 2010, and is subject to customary closing conditions, including receipt of applicable regulatory approvals.

Ford will continue to cooperate with Volvo Cars in several areas after the sale has been completed in order to ensure a smooth transition, but will not retain any ownership in the Volvo Cars business. Following completion of the sale, Ford will continue to supply Volvo Cars with, for differing periods, powertrains, stampings and other vehicle components. As part of the sale, Ford also has committed to provide engineering support, information technology, access to tooling for common components, and other selected services for a transition period to ensure a smooth separation process.

Stephen Odell, CEO of Volvo Cars, added, “The Volvo management team fully endorses Ford’s sale of Volvo Cars to Geely. We believe this is the right outcome for the business, and will provide Volvo Cars with the necessary resources, including the capital investment, to strengthen the business and to continue to move it forward in the future.

2011 Subaru Impreza WRX Coming This Summer

Subaru has introduced the new 2011 Subaru Impreza WRX models, which have taken the wide-body design from the WRX STI performance flagship model with an approximately 1.5-inch increase in front and rear track, firmer rear subframe bushings and wider 17-inch wheels that are now 17 x 8-in. vs. 17 x 7-in. and bigger tire size at 235/45R17 vs. 225/45R17 in the current model.

The 2011 Impreza WRX 4- and 5-door models are powered by a 265-horsepower turbocharged/intercooled 2.5-liter 4-cylinder SUBARU-BOXER® engine producing 244 lb.-ft. of peak torque at 4,000 rpm. and mated to a 5-speed manual transmission.

The 2011 Impreza WRX uses the Continuous AWD version of Symmetrical All-Wheel Drive and the Vehicle Dynamics Control stability and traction control system are standard. Incline Start Assist, featured on all Impreza models equipped with a manual transmission, can momentarily prevent the vehicle from rolling backward when being driven away from a stop on an incline.

The 2010 Impreza WRX starts at $26,190 and the WRX Premium starts at $28,690. No pricing yet of the 2011 Impreza WRX which will arrive in Subaru dealerships this summer.

Lexus CT200h Compact Hybrid Goes On Sale In Early 2011

 The all-new Lexus CT 200h premium five-door compact hybrid, shown in Geneva last month, will be on display in New York next week, and will go on sale in the U.S. in early 2011 joining the HS 250h as Lexus' second dedicated hybrid. 

The CT 200h is powered by a 1.8L Atkinson cycle four-cylinder gas engine with Variable Valve Timing with intelligence (VVT-i) and Lexus Hybrid Drive technology. The CT 200h's Lexus Hybrid Drive technology features two motor generators which can operate as both a motor and generator.  The engine-driven generator can charge the battery pack or provide additional power to the drive motor as needed.  The drive motor is driven by electrical power from the hybrid battery pack or generator and provides motive force for the front wheels. The CT 200h will be equipped with four drive-modes: Normal, Eco, Sport and EV. 

Fiat 500 Electric Vehicle Will Come From Michigan in 2012

 Chrysler Group plans to produce a pure electric vehicle using the Fiat 500 platform with a powertrain comprised of a high power electric powertrain module, advance lithium ion battery, and an EV control unit to manage power flows. (The Fiat 500EV is pictured above at the North American International Auto Show in Detroit - January 2010.) All powertrain engineering and vehicle development will take place at Chrysler headquarters in Auburn Hills, Michigan. Pricing will be announced closer to launch, but will be competitive with similar electric vehicles in the market.

Later this year Chrysler Group will debut a Fiat 500 with a combustion engine for North America. Beginning in 2012, Chrysler  will manufacture the Fiat 500EV for the United States market.

Vehicle Dependability Continues To Improve According to J.D. Power

Twenty-five of 36 vehicle brands have improved in long-term dependability in 2010, compared with their performance in 2009 according to the J.D. Power and Associates 2010 U.S. Vehicle Dependability Study.

Japanese models capture nine segment awards, domestic models seven and Europeans three: Toyota Highlander, Prius, Sequoia and Tundra all received four segment awards, more than any other nameplate in 2010. Honda receives three segment awards for the CR-V, Fit and Ridgeline. Lincoln captures two awards for the Mark LT and MKZ. In addition, Audi, BMW, Buick, Cadillac, Chevrolet, Ford, Lexus, Mazda, Mercedes-Benz and Mercury each receive a model segment award.

Porsche leads the overall nameplate rankings in 2010, which is consistent with its performance in the J.D. Power and Associates 2007 Initial Quality Study which measures new-vehicle quality at 90 days of ownership. Lincoln improves by six rank positions from 2009 to follow Porsche in the nameplate rankings. Rounding out the top five nameplates are Buick, Lexus and Mercury. In addition, seven of the 10 models with the lowest incidence of problems in the industry are from Ford and General Motors, including the 2007 model-year Buick Lacrosse, Buick Lucerne, Cadillac DTS, Ford Five Hundred, Lincoln MKZ, Mercury Milan, and Mercury Montego.

 The Cadillac DTS has the fewest problems in the industry, with just 76 problems per 100 vehicles. This marks the first time in more than a decade that a model from a domestic automaker has achieved the lowest PP100 score in the Vehicle Dependability Study.

The study measures problems experienced by original owners of three-year-old (2007 model year) vehicles and includes 198 different problem symptoms across all areas of the vehicle. Overall dependability is determined by the level of problems experienced per 100 vehicles (PP100), with a lower score reflecting higher quality. The 2010 Vehicle Dependability Study is based on responses from more than 52,000 original owners of 2007 model-year vehicles. The study was fielded between October and December 2009.

Happy St. Patrick's Day!

Saab Cars North America Moves Headquarters To Detroit Suburb

Saab Cars North America, after its parent company Saab Automobile AB of Sweden was recently purchased by Spyker Cars NV of Holland, is splitting away from under the General Motors umbrella and establishing  its own headquarters in the Detroit suburb of Royal Oak. Saab Cars North America says it will create or retain approximately 2000 jobs in North America with plans to invest $2.4 million to enhance its U.S. Sales and Marketing operations.

"Saab Cars North America appreciates the assistance and cooperation of the City of Royal Oak and the Governor's office in helping make the company's decision a reality during tough economic times," said Mike Colleran, President and COO, Saab Cars North America. "As a direct result in acquiring local and state assistance, we look forward to renewing our U.S. presence as an independent, premium luxury automotive brand with Swedish heritage while maintaining our loyal following and potentially attracting new customers."

New Saab 9-5 pictured above.