Printer Friendly

SAAB REPORTS JULY SALES; 900 CONVERTIBLE ACCELERATES 60 PERCENT; SPECIAL LEASE AND FINANCE PROGRAM TO CONTINUE THROUGH SEPT. 1

 SAAB REPORTS JULY SALES; 900 CONVERTIBLE ACCELERATES 60 PERCENT;
 SPECIAL LEASE AND FINANCE PROGRAM TO CONTINUE THROUGH SEPT. 1
 NORCROSS, Ga., Aug. 4 /PRNewswire/ -- Saab Cars USA, Inc., importer and distributor of the distinctive Saab 9000 and 900 automobiles, posted a July sales total of 2,110 new Saabs sold.
 This result is on par with the same month last year, when Saab delivered a combined total of 2,149 9000s and 900s through its nationwide dealer body.
 The Saab 900S Convertible and 900 Turbo Convertible, however, continue to represent an ever-increasing portion of the Swedish automaker's U.S. sales penetration. During July 1992, 426 Saab convertibles were retailed, which is a 60 percent gain compared to last year and represents a 20.2 percent share of Saab sales for the month. Known as the car "for all reasons and seasons," Saab convertible sales were 12.4 percent of the total during July 1991, when 266 were delivered.
 The Saab 9000 series share continues to gain as well, and now accounts for 50 percent of Saab's U.S. sales volume.
 To maintain Saab sales momentum through the hot summer selling season, special Saab 9000 and 900 lease and retail finance programs will continue through Sept. 1.
 Lease Program
 Saab is offering attractive lease rates through Sept. 1 for all 1992 Saab 9000 and 900 models, with no money down. These special rates translate, for example, to a $348 monthly payment for 48 months and a $399 monthly payment for 36 months on a Saab 9000. For the Saab 900, a $317 monthly payment is available for 48 months and a $372 monthly payment for 36 months. Terms for 24 months are also available.
 The Saab Lease Program is based on an annual percentage rate (APR) of 1.9 percent for Saab 9000 models and 3.9 percent for Saab 900s.
 Retail Finance Program
 Saab also is offering low finance rates through Sept. 1 for all Saab models. A Saab 9000 may be financed for as low as $399 a month for 48 months, while the Saab 900 may be financed for as low as $340 a month for 48 months. Terms for 24 and 36 months are also available. Saab's promotional finance rates are based on a 2.1 percent APR for the Saab 9000 and 3.9 percent APR for the Saab 900, and require a 25 percent down payment.
 Saab's special lease and retail finance programs are subject to model availability. Further details on both opportunities are available from any Saab dealer, coast to coast.
 -0- 8/4/92
 /CONTACT: Steven Rossi or Elke Martin of Saab Cars USA, 404-279-6360/ CO: Saab Cars USA, Inc. ST: Georgia IN: AUT SU:


EA-BN -- AT010 -- 6643 08/04/92 12:06 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Aug 4, 1992
Words:461
Previous Article:BETHLEHEM STEEL ANNOUNCES OFFERING OF 12 MILLION SHARES OF COMMON STOCK
Next Article:EQUITABLE RESOURCES REPORTS HIGHER SECOND QUARTER, FIRST HALF EARNINGS
Topics:


Related Articles
SAAB POSTS 3.4 PERCENT SALES GAIN FOR JANUARY; SPECIAL RETAIL FINANCE AND LEASING PROGRAMS OFFERED THROUGH MARCH 31, 1992
SAAB SALES SOAR IN JUNE; BEST SALES MONTH SINCE AUGUST 1987
CORRECTION TO SAAB REPORTS JULY SALES; 900 CONVERTIBLE ACCELERATES 65.8 PERCENT; SPECIAL LEASE AND FINANCE PROGRAM TO CONTINUE THROUGH SEPT. 1
SAAB REPORTS AUGUST SALES SPECIAL RETAIL FINANCE PROGRAM ANNOUNCED FOR REMAINING 1992 SAABS
SAAB REPORTS 54 PERCENT SALES SURGE FOR OCTOBER, LED BY NEW 9000 CSE AND CS; YEAR-TO-DATE SALES UP 1.7 PERCENT
1994 SAAB 900 CONVERTIBLES MAKE EARLY DEBUT IN DEALER SHOWROOMS
ALL-NEW 1994 SAAB 900 5-DOOR MODEL OUTSELLS 1993 SAAB 900 3- AND 4-DOOR MODELS COMBINED AFTER ONLY TWO WEEKS ON SALE
ALL-NEW SAAB 900 DRIVES SWEDISH AUTOMAKER'S 14.8% SALES INCREASE DURING JANUARY
SAAB SALES CONTINUE TO ACCELERATE - FEBRUARY RESULT UP 4.7% Year-to-Date Sales Already Rise 9.4%
SAAB SETS STRONG AUGUST SALES PACE WITH 38 PERCENT INCREASE; COMPLETE RANGE OF NEW 900 MODELS FLEXES MUSCLES IN SAAB DEALER SHOWROOMS

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters