Envisioning an emerging segment in the U.S. for a premium small car, Saab announced it will expand its product line in spring 2004 to include the new 9-2. The new vehicle will provide Saab with an entry below the new 9-3 Sport Sedan. Saab will offer two versions of the 9-2, both five-door, all-wheel drive cars. The base Saab 9-2 will be equipped with a 2.5-liter four-cylinder engine, while the Aero version will feature a high performance, 2.0-liter, turbocharged four-cylinder engine. Initially, the vehicle will only be offered in the U.S. Saab Automobile AB is collaborating with Fuji of Japan to create the new Saab 9-2 model in cooperation with Subaru, Fuji's automotive division. Saab is a fully-owned subsidiary of General Motors Corp., which owns a 20 percent stake in Fuji.

Originally posted on Fleet Financials