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NewsThe New/Old Saab is Now Electric
Did you know that the Swedish manufacturer Saab was still producing cars? Since GM axed the brand, the Trollhättan company’s future has been more than uncertain: it was bought by a consortium that wished to save the storied brand, before risking going under when one of the investors backed out …
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NewsSaab Stops its Production… Again
Do you remember Saab? The Swedish manufacturer which, after a short ownership by GM, filed for bankruptcy a few years ago? Shortly after, a consortium composed of the Swedish government and a Chinese investor bought back the factory and the assets of the defunct company with hopes of building their …
NewsSaab Production Restarts
Saab has reopened its plant in Trollhättan after 30 months of inactivity. Newly acquired by the National Electric Company Vehicle Sweden (NEVs), new Saabs started rolling off the assembly line yesterday. At the moment, only the 9-3 model with a gasoline engine is assembled. The rate of production of these …
NewsSaab to Start Producing New Vehicles Once Again
The Swedish manufacturer is not dead, having been rescued last year by the National Electric Vehicle Sweden (NEVS). As its name suggests, NEVS is a company specializing in the development of alternative energies. Last week, Saab began to gradually hire employees at its industrial complex in Trollhättan. In December 2011, …
NewsSaab Takeover Complete, Will Build Electric Vehicles For Chinese Market
The Saab saga entered a new chapter this week with news that the beleaguered Swedish brand's sale to National Electric Vehicle Sweden has been completed. NEVS will take control of the majority of the automaker's production facilities, inventory, and intellectual property following its recent bankruptcy and divestiture by previous owner …
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