Saab is a Swedish automotive manufacturer known for producing cars and military aircraft. Founded in 1937, the company initially focused on aircraft production before expanding into the automotive industry in the 1940s. Saab cars are recognized for their innovative design, safety features, and turbocharged engines. In addition to cars, Saab has a significant presence in the defense sector, producing military aircraft and systems. The company has faced financial challenges over the years, leading to changes in ownership and restructuring. Despite these challenges, Saab continues to be a notable name in both the automotive and aerospace industries.