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Report – Mahindra in alliance talks with PSA and NEVS


Indian carmaker Mahindra & Mahindra is reportedly exploring alliance opportunities with PSA-Peugeot-Citroen and the Saab brand owner, NEVS. The Indian newspaper Economic Times reported that Mahindra is taking into account partnerships with the two car brands as it is looking to offset slow sales in its home market by getting a stronger global presence. China’s National Electric Vehicle Sweden (NEVS), which ...
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Saab sees revival through electric cars and China sales
Although merely a year has passed since it went out of bankruptcy and with just two cars a day rolling off its production line, Saab is betting on a yet ...
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 ...
Saab produces first cars under new owner
For the first time in two and a half years, a new Saab sedan has rolled off the production line in Trollhattan in southwest Sweden. National Electric Vehicle Sweden, the Hong ...
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 ...
Saab Liquidation Plan Approved by Court, Creditors to Be Paid Back
Saab Cars North America has won court approval to implement its liquidation plan and pay back creditors. On Monday, July 15th, Judge Christopher Sontchi, of U.S. Bankruptcy Court in Delaware, approved ...
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 ...
Spyker Will Appeal Judge’s Dismissal of the $3B Lawsuit Against GM
Spyker said it will appeal the decision taken by the US judge to dismiss the $3-billion lawsuit against GM. Spyker, the owner of Saab, said that it would appeal the US ...
US Judge Dismissed Spyker Lawsuit Against GM
Spyker NV’s lawsuit against GM was dismissed by a US federal judge, saying that the US car maker had the right to block the sale. Spyker NV sued GM in August ...
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 ...

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GM’s bankrupt predecessor helps customers get the $10 billion compensation
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Toyota will invest $126M to expand powertrain operations
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Spyker declares bankruptcy
On Tuesday, Spyker, the Dutch sportscar maker which owned Saab, was declared bankrupt when not succeeding to secure a loan ...