Cars
NEVS-Controlled Saab Granted Bankruptcy Protection by Swedish Court
Saab is currently buried in debt. National Electric Vehicle Sweden (NEVS), the (not at all Swedish) consortium that runs it has been waging a constant battle with creditors wanting their money back, while at the same time trying to restart production and get the promised electric makeover of the brand underway.
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Saab's Savior Nevs Running Out Of Gas, Will Lay Off 200 Workers
After losing the right to use the Saab name and entering bankruptcy protection, Chinese-backed National Electric Vehicle Sweden (NEVS) said it would lay off up to 200 workers "due to lack of work". Read more »...
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Not Again…saab's New Owner Nevs Faces Bankruptcy
In yet another twist in Saab's…twisted survival story, one of its suppliers petitioned a Swedish court to declare the brand's new owner, National Electric Vehicle of Sweden (NEVS), bankrupt. Read more »...
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Are These The First Drawings Of Nevs' New Saab 9-3 Ev?
It's been some time since we last heard anything new about the future of Saab from its current owner, NEVS (National Electric Vehicle Sweden), which acquired the leftovers of Saab following the automaker's bankruptcy. Now, while NEVS hasn't...
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Saab Auto's New Owner Still Negotiating The Rights To The Brand Name
As it turns out, Saab Automobile's new owner, Chinese-Japanese consortium National Electric Vehicle Sweden AB (NEVS), has not yet secured the rights to use the Saab brand name and logo on the new electric models it is planning to build. The brand...
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Saab Automobile Parts Ab And Its Global Subsidiaries To Operate Independently
On Wednesday, it was announced that the administrators of Saab Automobile AB had signed an agreement with National Electric Vehicle Sweden AB (NEVS), a newly formed Chinese-Sweden investment group with Japanese backing, for the sale of Saab Automobile...
Cars