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Saab carmaker NEVS wins creditor protection

Saab carmaker NEVS wins creditor protection

China’s National Electric Vehicle Sweden (NEVS), the owner of the Saab automaker since 2012, has won protection from creditors thanks to a Swedish ruling last Friday. The company asked for the court ruling as it concludes funding talks. The company has not built any cars since May due to a […]

Saab and its new owner are in trouble

Saab and its new owner are in trouble

The National Electric Vehicle Sweden company, Saab’s most recent owner, has had trouble maintaining production of the Saab cars and is now in search of a partner. Back in September 2013, the NEVS proudly restarted production of the Saab 9-3, an updated version of the car that was being manufactured […]

Saab starts making the electric 9-3

Saab starts making the electric 9-3

After it was bought by Chinese-Swedish company National Electric Vehicles Sweden, Saab began recovering its fortune slightly and started rebuilding the rather old 9-3 model. Now, the NEVS parent has green lit the initial production of the electric variant of the 9-3 model, which has began trial based manufacturing of […]

2014 Saab 9-3 Aero officially unveiled

2014 Saab 9-3 Aero officially unveiled

Saab has officially pulled the wraps off the 2014 9-3 Aero, which will go on sale on the company’s local auto market on the 10th of December, from 31,510 euros. “Saab is dead, long live Saab” may be the new motto of the Swedish based automaker which is going bankrupt […]

Saab ready to resume production in Sweden

Saab ready to resume production in Sweden

According to an official statement from the spokesman for the Chinese-backed consortium that took over the ailing carmaker last year, Saab-branded cars will begin to roll off assembly lines in Sweden as early as Monday. Saab belonged to US car giant General Motors until the beginning of 2010. It was […]

First reborn SAAB rolls off the assembly line

First reborn SAAB rolls off the assembly line

For the first time since Saab‘s bankruptcy at the end of 2011 a car rolled off the assembly line Wednesday at Swedish carmaker Saab Automobile‘s former plant, built under the control of new owner National Electric Vehicle Sweden (NEVS). The first pre-production car to be built under NEVS ownership, the […]

Report – SAAB factory up and running again

Report – SAAB factory up and running again

According to recent reports, the new Saab owner – National Electric Vehicle Sweden (NEVS) – has reportedly re-opened the former Swedish brand’s Trollhattan factory that shut its gates in April 2011. According to the Swedish publication Aftonbladet, NEVS – a consortium comprising a Chinese renewable-energy powerplant builder and a Japanese […]