Saab intends to recall up to 300,000 cars

Saab plans to recall almost 300,000 cars worldwide because of a problem with the ignition system.

The recall will affect gas-engine 9-3 and 9-5 models made in 2000, 2001, and 2002, according to the daily Goteborgs-Posten and news agency TT.

The U.S. National Highway Traffic Safety Administration has found problems in the ignition system that can lead to overheating, Orjan Aslund, a spokesman for General Motors Corp., which owns Saab, told. He added that the problem had not caused any injuries yet.

A total of 287,987 cars will be recalled, costing Saab more than $77 million, the AP reports.