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Three Former Saab Executives Arrested on Accounting Fraud Charges

Three Former Saab Executives Arrested on Accounting Fraud Charges

According to a Swedish prosecutor, three former Saab executives were arrested on accounting fraud charges. Swedish prosecutor Olof Sahlgren said the three Saab executives are “suspected of aggravated attempts to avoid tax controls” by falsifying parts of the company’s accounts from 2010 to 2011. For this crime the judge might […]

BAIC Releases Its First Saab-Based Vehicle

BAIC Releases Its First Saab-Based Vehicle

Beijing Automotive Group began selling the Senova, its first sedan which is based on Saab technology. The Senova sedan is fitted with a 2.0-liter engine and has a 139,800 yuan (about 17,530 euro) starting price. This is Beijing Automotive Group’s first vehicle that was developed based on the technology purchased […]

NEVS to build the Saab 9-3 in China, not Sweden

NEVS to build the Saab 9-3 in China, not Sweden

Saab’s owner is planning to restart production of the 9-3 later this year, with an electric version to follow in 2014. However, National Electric Vehicles Sweden (NEVS) has changed its original plans: the cars won’t be built in Saab’s Trollhattan factory but in China. NEVS has signed a deal with […]

NEVS to Build Saab Factory in China

NEVS to Build Saab Factory in China

National Electric Vehicle Sweden, Saab’s buyer, has signed an agreement with the Chinese city of Qingdao to build a new Saab plant there. In 2012, National Electric Vehicle Sweden AB (NEVS) has purchased the majority of Saab assets, which went bankrupt after failing to clinch several investment deals and run […]

Unique Saab Vehicles To Be Auctioned

Unique Saab Vehicles To Be Auctioned

Saab’s receivers have put up for sale on an online auction the last automaker’s vehicles which rolled off the Trollhätten assembly line. A total of 68 cars are to be auctioned, the most unusual being the 18 9-5 SportCombis, the estate 9-5, which never reached showrooms. Also included in the […]