Cars
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 AB. Today we learn from the Swedish National Debt Office that the State will take over the ownership of Saab Automobile Parts AB and its global subsidiaries including the UK and North American market, with the company to operate independently from Saab Automobile AB.
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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 Auto's New Owner To Launch An Ev Based On The 9-3 By Early 2014, Will Initially Focus In China
Saab, the Swedish car brand that just refuses to die, will have a new pure-electric model based on the underpinnings of the 9-3 on the market by the end of 2013 or early 2014, according to the company's new owner, National Electric Vehicle Sweden...
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Saab Bought By Chinese-japanese Consortium To Build Electric Cars
Never say it's over with Saab as the Swedish automaker seems to have more lives than the proverbial cat… Bloomberg News reported today a consortium named National Electric Vehicle Sweden AB, which is led by Japanese investment firm Sun Investment...
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Court-appointed Administrator Wants Saab Restructuring Process Terminated
Less than 24 hours after General Motors stated once again, that it will veto any plan that includes a Chinese company acquiring a stake in Saab, the Swedish carmaker received more bad news. Guy Lofalk, the court-appointed administrator who oversees Saab’s...
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Saab Responds To Media Reports, Says Deal With Pang Da Still On
Responding to recent media reports, Saab's parent company Swedish Automobile N.V. [Swan] issued a short statement saying the investment deal with China's Pang Da Automobile is still on the table. Pang Da Automobile had signed an agreement in...
Cars