2011 Saab 9-5 Aero Priced at $49,990

Saab has announced pricing for its first new car since the company’s acquisition by Spyker. The range-topping 9-5 Aero will go on sale in July for $49,990.

Aero models are powered by a 2.8-liter turbocharged V-6 engine making 300 hp. The engine is mated to a six-speed automatic transmission and Saab’s XWD all-wheel-drive system.

The standard equipment list includes powered leather seats and leather-wrapped steering wheel, eight airbags, a cooled glove box, and an audio system including XM satellite radio and USB and auxiliary inputs. Options will include a lane departure warning system, head-up display, and a Harman Kardon premium sound system.

Saab says a lower 9-5 trim level will debut later, powered by a 2.0-liter turbo engine and priced under $40,000.

The last 9-5 sold in American dealerships was the 2009 model, which started at $42,775 in sedan configuration. Of course, hefty discounts and incentives offered by its former owner, GM, meant the actual transaction was probably far less than that.

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