Saab Automobile, fully owned by General Motors, entering the 1.6-litre market with a brand new corporate emblem
Saab set to enter fresh territory with a bang

SWEDISH luxury carmaker Saab Automobile, now fully owned by General Motors, is poised to enter new product segments soon.

BT understands Saab will introduce a sport-utility vehicle as well as a minivan - both products it is totally new to - in two to three years' time. The cars will be built sharing platforms with GM products.

Saab will enter the 1.6-litre market next year. The all-new car will include a variant that boasts a five-cylinder variable compression power plant capable of 225 horsepower - or what an engine double its capacity produces.

That will make the new Saab the most powerful road-going car in its segment. The concept of the new engine was unveiled at the Geneva Motor Show in February. Beyond performance, it promises lower fuel consumption and cleaner emissions.

Besides these new segments, Saab entered the stationwagon market two years ago to challenge the established player, Volvo (which is owned by Ford, GM's main rival).

Meanwhile, Saab Automobile has adopted a new corporate emblem. The new symbol replaces the current one in use, which dates back to the mid-1980s, and which reflected the Scania part of the business (Scania was recently sold to Volkswagen).

Saab says "the new symbol has been designed to visualise more clearly the values that lie in the brand name".

Saab has been a 50-50 joint venture between GM and Sweden's Investor Group since 1991. The American conglomerate became the sole owner in January this year.