Optimism is alive and well in Royal Oak, Michigan, where this week SAAB (under new ownership) had a grand opening for its North American headquarters and announced that the new 9-5 will launch with a turbocharged V-6 and a price tag of $49,900. It won't be until 2011 that the 2-liter model with a price tag expected to be "under $40,000" will debut.
Full details from The New York Times Wheels Blog.
