November 26, 2003

Saab announces its first SUV

Detroit, Michigan – Saab Automobile AB announced it will unveil its first sport utility vehicle, the 2005 Saab 9-7X, at the 2004 New York Auto Show in April, 2004. The 9-7X will go on sale about one year later.

Initially, the mid-size 9-7X will be produced specifically for the United States and Canadian markets. It will offer standard all-wheel-drive and two engine choices.

“We are pleased to continue to expand our product line in the very important North American market,” commented Peter Augustsson, President and CEO of Saab Automobile AB. “With the Saab 9-X and 9-3X concept vehicles, followed by the award-winning Saab 9-3 Sport Sedan and Convertible, the 9-3 Sport-Hatch concept and the dynamic new 9-2X, we are exceeding our commitment to introduce one new vehicle or concept each year for five years.”

The new 9-7X will be built at GM’s Moraine Assembly plant in Ohio, beginning in the first quarter of 2005.

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