Final auction of new Saabs by Ally Financial, October 26, 2012

I found this in an article:

Ally has been selling Saab's 900 vehicles in the U.S. and has generated about $17.6 million in gross sale proceeds. About 26 vehicles remain unsold as of Oct. 17.

The legal battle between Saab Cars North America, a few other parties and Ally continue. SCNA should be history pretty soon though. I am sure the lawyers will come out as the big winners.

Plan from Saab, unsecureds may be rivaled - The Deal Pipeline

Saab and the committee filed their liquidation plan and its related disclosure statement on Oct. 17. Two days later, Ally objected to the disclosure statement, saying Saab and the committee employed "tactics ... to frustrate Ally's opportunity to meaningfully participate in the reorganization process, despite the fact that Ally is the largest creditor of the estate."

Saab's bankruptcy was largely brought on by a dispute with Ally regarding the vehicles stuck at the U.S. ports. Documents show that Saab hoped to negotiate a settlement with Ally, but discussions broke down, leading Saab to notify the dealerships of its intention to seek court protection.

Some 41 Saab car dealerships then filed a Chapter 11 petition against Saab on Jan. 30. Thirty-nine other dealerships later joined the petition. Saab has 188 dealerships in the U.S.

It's 5 p.m. and the auction ended two hours ago. This is an end of an era. All of the new Saabs in the U.S. are now in dealer hands.

This 5th auction was the last. There are no unsold cars at the port anymore. Prior to the 5th auction, Ally Financial disposed of 620 cars to a distributor in the U.S. who placed some cars with dealers, including non-Saab used car dealers and rental fleets.

Although I am uncertain how current the information is, Saabs have been available at Alamo Car Rental at Orlando Airport (9-3 Convertible) and at National Car Rental at Reagan Washington National Airport (2011 9-3) and Denver Airport (9-5).