Zeewolde, The Netherlands – Saab has restarted vehicle production following a shutdown that began on April 6, 2011. An initial batch of 100 cars was scheduled for last Friday, the first day of production, with plans to increase the daily production rate in the coming weeks as the supply chain becomes fully reestablished.
Saab halted production when its suppliers stopped shipping parts due to payment and delivery terms. Earlier this month, Saab and its parent company Spyker signed a partnership with China’s Pang Da Automobile Company, which included an initial payment of €30 million from the Chinese company that would be used to pay suppliers and restart production.
The first cars off the assembly line were a Saab 9-5 Aero XWD and 9-3 Convertible.
Saab said that it has orders for over 8,100 cars, including 6,500 orders from markets worldwide, and almost 1,300 cars ordered by Pang Da Automobile under the €30 million advanced payment.