SAAB Automobile initially went bankrupt in 2011 and, after a brief period under another company, stopped producing cars under the Saab name in 2014. Therefore, no, Saab is no longer making cars. ... In 2000, General Motors acquired Saab.
Why did they stop making Saab cars?
Why Saab Failed
For years under General Motors, the company struggled against falling sales and a diminishing market share as it battled the likes of BMW and Audi. While the Spyker deal gave it hope, it was always fighting a losing battle.
When was the last Saab car made?
Here's to owning a piece of history. In October 2019, the last Saab ever built was announced to go into the auction block. It was a rare 2014 9-3 Aero Turbo 4 – a piece of automotive history that was up for sale, and it was something that Saab fans probably mourned for.