The company that makes SAAB cars and SAABs defence and aerospace corporation are two completly separate entities, and have been that way for some time. Sales at SAAB are regular and the Swiss signed up for new Gripens late last year so that program is still paying off.
The last statement from SAAB regarding the turboprop project was that it was going to be a joint venture with an un-named indian corporation. The aircraft will not be a new design but it also will not be the same aircraft production restarted. This lends to the idea that it will be a S2000 modified airframe with new technology.
The whole project may rest on whether SAAB wins the Indian MRMR contract.