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Saab’s parent decides to let go workers while searching for investors


The Swedish automaker’s saga continues with a new chapter - China's National Electric Vehicle Sweden (NEVS), now the owner of the brand, has decided to fire up to 200 people working at the maker’s factory in Sweden. Following GM’s decision to give up on the brand, the fate of the historic Saab automaker has been a constant soap opera – it ...
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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 ...
Saab owner files for creditor protection, Swedish court rejects it
The tumultuous recent history of the well-known Scandinavian automaker has entered yet another unfortunate chapter. NEVS, the Chinese backed owner of the brand has filled – unsuccessfully – for protection ...
Saab 9-3 EV prototype officially unveiled
The first images and details with the new Saab 9-3 EV prototype have been recently released by NEVS. Did you ever wonder what the new Saab 9-3 electric vehicle might look ...
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, ...
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 ...
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 ...

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