Saab Automobile Parts AB throws lifeline to North American owners

From AB



Saab Automobile Parts AB forms new subsidiary in the USA
June 5, 2012

Saab Automobile Parts AB launches new subsidiary in USA and Canada
New company will be responsible for supply of Saab Genuine Parts
intoNorth American market
Technical support and other services will be offered to ensure Saab
expertise is available in North America.

New company commence operations in June

Saab Automobile Parts AB has formed a new North American subsidiary.
The new company, North America Distribution Services Inc., trading as
Saab Automobile Parts North America, is incorporated in all 52 states
in the US and will be headquartered in Michigan. The company will also
manage the operations in the Canadian market.

North America Distribution Services Inc. is a wholly owned subsidiary
of Saab Automobile Parts AB, the global provider of genuine parts for
Saab cars. It provides some 1 200 workshops around the world with Saab
Genuine Parts, accessories and technical support. Saab Automobile
Parts AB remains outside the bankruptcy process for the vehicle
manufacturing company and continues to trade normally, servicing the
global network of Saab Authorized Repairers and service partners.

"Today there are around half a million Saab cars on the roads in
North America – the largest fleet of Saabs in one single market in the
world. Our establishment in North America will secure support to Saab
owners in the USA and Canada and ensure they have access to Saab
Genuine Parts, service programs and technical support", says
Lennart Ståhl, CEO of Saab Automobile Parts AB.

The establishment of a new USA subsidiary is the latest action as Saab
Automobile Parts AB works to ensure Saab owners around the world have
access to a full range of professionally delivered aftersales
services. The company recently signed an agreement to use Saab
Automobile's press and body shop to manufacture replacement body
parts. A second agreement was also signed to acquire a large number of
fully assembled parts and other car components. The company also
recently signed new contracts with key suppliers and these are all
steps in a comprehensive program to ensure a good supply of spare
parts for Saab cars, both on short and long term.

Facts Saab Automobile Parts AB:
- Number of employees in Sweden: Nyköping about 260, Trollhättan about
50. The company is headquartered in Nyköping.
- The company is responsible for warehousing, distribution and sale of
Saab parts and accessories for all Saab's Authorized Repairers and
service partners globally.
- Have been responsible for Saab Automobile spare handling since the
1960s.
- Storage area: around 88 000 m3.
- Storage: about 70 000 articles.
- Capacity: about 30 000 order lines/day.
- Shipment of 50 trucks distributed each day.
- Provides logistics services to a number of outside companies.