Saab car museum saved: Trollhattan municipality, The Wallenberg Foundation and SAAB AB shell out $4.15 million

While Saab has nothing going right for it these past couple of months, the Saab museum collection in Trollhattan is now in safe hands. Previously, offers were being considered, and there was also the willingness to break up the collection so as to maximize sale price. It has now emerged that the city of Trollhattan, SAAB AB, and The Wallenberg Foundation have put in £2.6 million in securing the entire museum collection.

The municipality, and funding that came from the Marcus and Amalia Wallenberg Memorial Fund, and defense company Saab AB saw the purchase being sealed at 28 million kronor ($4.15 million). Last week, bankrupt Swedish automaker, Saab put the museum’s 131 rare cars up for public auction concerned that a single buyer wouldn’t purchase the entire Saab museum collection.

Chair of the Trollhättan municipal council, Paul Åkerlund sad this in his statement. “It feels great! Saab’s cars are a part of Trollhättan’s history and now we’ve saved a bit of Swedish industrial heritage.” He added, “We are truly grateful that these partners saw value in the museum and the cars.”

The municipality is paying half the buying price, and Saab AB, and the Wallenberg family, would pay the remainder half. The Saab museum car collection includes the original 1946 Saab prototype Ur-Saab, and the Turbo 900 Silver Beast, a replica variant based on a James Bond car.

Carina Brorman, of Saab AB, had this to say. “We consider it to be of great significance to preserve the Swedish industrial history.” “That the collection stays in Sweden and Trollhättan is important for us, the cars are also a part of our company heritage.”

Head of the Wallenberg trust, Hans Wibom had this to say. “The Wallenberg foundation is working to support interest in science, research and education.” Automobiles that are part of the Saab museum collection are a reflection of Saab through the years and stand testimony to their history. The collection contains concept cars and prototype models that aren’t registered for use on Swede roads.