The Saab 92 represents a significant milestone in automotive manufacturing, as it was the first car produced by Saab, a company initially established for aircraft production during World War II. Following the war, the Swedish government pushed for industry diversification, leading Saab to explore the automobile sector. The Saab 92 was developed with a focus on aerodynamics, a concept that was relatively novel for civilian cars at the time, incorporating a sleek design that would later become a hallmark of the brand.

The Saab 92 featured a unique two-stroke engine, offering an excellent power-to-weight ratio. This engine design was both innovative and practical, allowing for greater fuel efficiency and a lighter overall vehicle weight. The production facility in Trollhättan was adapted for automobile manufacturing, capitalizing on existing resources and expertise from aircraft production. This transition highlighted Saab's agility and innovation in responding to post-war economic conditions in Sweden.

The first model was unveiled to the public, capturing the imagination of automotive enthusiasts and helping establish Saab's reputation for producing durable and reliable vehicles. The production of the Saab 92 set the stage for future models and led to Saab's growth in the automotive industry throughout the mid-20th century.