The Swedish car brand SAAB is a well-known and respected name in the automotive industry. It was founded in 1937 by aircraft manufacturer Svenska Aeroplan Aktiebolaget (SAAB) and has since become a leader in the production of luxury cars. SAAB has a long history of innovation, including the introduction of turbocharged engines and safety features such as side-impact airbags. The company has also been involved in motorsport, with its cars competing in the World Rally Championship and other events. SAAB has been owned by various companies over the years, including General Motors and Spyker Cars, and is currently owned by Chinese automaker Geely.