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Sweden: Saab output stopped because of cash shortage


China's National Electric Vehicle Sweden, which is the current owner of the car brand and assets of Sweden’s Saab, has announced it decided to halt the already very small volume of cars because of an inability to gather funds. The corporation NEVS bought the remaining assets and the car brand Saab and last year the marques fans rejoiced as the small ...
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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 ...
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 ...
NEVS Close to Restart Saab Production, Plans to Hire 27 Workers at Trollhattan Plant, Sweden
NEVS plans to hire 27 assembly line workers at the Trollhattan plant, Sweden, before the targeted Saab restart expected this autumn. In January, Autocar, reported that NEVS has changed its original ...
Saab Might Revive its Hometown in Sweden Due to China Electric Push
Saab hopes that its new owner will be able to revive the brand and its Swedish hometown. More than a year after it went bankrupt Saab plans to get back on ...
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 ...
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) ...
Saab owner signs investment deal with Chinese city of Qingdao
National Electric Vehicles Sweden AB (NEVS) has signed an investment deal with the Chinese city of Qingdao in order to build and sell EVs in the country. NEVS is a Chinese-controlled ...
Saab’s Owner Postpones EV Launch for Gasoline-Powered Vehicle
Saab’s new owner, National Electric Vehicle Sweden, will launch a gasoline-powered vehicle, postponing its EV launch. "We are evaluating the possibility to start production around next summer of a 9-3 with ...
Brand Dispute Over, Saab Cars to Hit the Market in 2014
National Electric Vehicle Sweden AB announced it has completed Saab acquisition. The acquisition was delayed because of a disagreement regarding the use of Saab’s name. NEVS agreed not to use the ...

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