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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 investment firm – has 180 employees at the plant working on ...
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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 ...
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 ...
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 ...
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 ...

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