Saab Automobile AB was a Swedish manufacturer of automobiles, founded in Sweden in 1945 when its parent company, SAAB AB, began a project to design a small automobile. The first production model, the Saab 92, was launched in 1949. In 1968 the parent company merged with Scania-Vabis, and ten years later the Saab 900 was launched, in time becoming Saab's best-selling model. In the mid-1980s the new Saab 9000 model also appeared.
In 1989, the automobile division of Saab-Scania was restructured into an independent company, Saab Automobile AB and General Motors (GM) took 50 percent of the company. Two well-known cars to come out of this period were the Saab 9-3 and the Saab 9-5. Then in 2000, GM exercised its option to acquire the remaining 50 percent, so turning Saab Automobile into a wholly owned GM subsidiary. In 2010 GM sold Saab Automobile AB to the Dutch automobile manufacturer Spyker Cars.