On Thursday, Volvo Cars said it will sell its Saab brand to a Swedish carmaker that will make vehicles for the Saab division of the Swedish automaker.

Volvo Cars CEO Peter Sauvage said he expects to announce the news on Friday.

The move is a sign that Volvo Cars’ Saab segment is expanding as the brand gets stronger.

Saab Automotive Group has been owned by the Swedish carmakers Volvo Cars since it was founded in 1894.

Saabs carmakers were also part of Volvo’s acquisition of Ford Motor Co. in 2015.

Volvo’s current fleet includes the Fisker and Acura brands, as well as the popular Volvo XC90 crossover SUV.

Saabi is Swedish for “saddle.”

In the past, the company has sold Saab vehicles in the United States and other parts of the world.

Volvo Automobiles CEO Peter Saab says the deal is not related to Saabs business but is a strategic decision to increase Volvo Cars share value.

“The Saab car brand is in the best position to take advantage of the opportunities that Saab presents in the world,” he said in a statement.

The company said it expects the sale of its brand to occur in 2017, but did not provide further details.

Saabbagold’s Saab unit has grown rapidly in recent years, with a share value of more than $1 billion in 2016.

Saabis brand name is now used in the brand’s vehicles.

The name has also appeared on the back of its vehicles.

A number of other brands have moved to the Saabs brand, including the Jaguar XF and Aston Martin DB5.

Sauvage, the CEO of the automaker, said in December that the company expects to invest $1.4 billion to build up its portfolio of vehicles.

Volvo cars have been steadily growing in the market for the past several years.

The brand’s sales grew nearly 25 percent last year, and its share value is expected to rise further in the coming years, as Volvo Cars looks to expand into the European market.

In 2017, Volvo said it would sell its U.S. operations to American automaker General Motors, which will build and sell vehicles in Detroit.

The deal was expected to close in 2019.