Post Tagged with: "saab owner"

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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 […]

Bankrupt Saab Left $2 Billion in Debts

Bankrupt Saab Left $2 Billion in Debts

Receivers handling Swedish carmaker Saab‘s bankruptcy Tuesday said the total debt amount to 13 billion Swedish kronor ($2 billion), while total assets stood at SEK3.6 billion. The debts include 606 million kronor ($89 million) in claims from former Saab owner General Motors (GM), and 513 million kronor ($75 million) in […]

Official: Saab will appeal against Court

Official: Saab will appeal against Court

Swedish Automobile NV, the owner of the 64-year-old Saab car brand, said Friday it aims to submit on Monday an appeal against a court ruling that rejected Saab’s proposal for bankruptcy protection. Swedish Automobile N.V. (Swan) announces that Saab Automobile AB and its subsidiaries Saab Automobile Powertrain AB and Saab […]

Saab: Antonov still wants Saab stake

Saab: Antonov still wants Saab stake

Vladimir Antonov, the Russian businessman said on Wednesday he still wants to take a 30 percent stake in troubled Swedish carmaker Saab. “All we ask is to own 30 percent,” Antonov told journalists. On the same time, Saab said on Monday its Trollhattan factory in southern Sweden would be idle […]