Yesterday's news of a strategic partnership between the Nevs and Dongfeng again in the focus of interest of world automotive media brought Nevs-SAAB. Most Media analyzes achievements of this strategic partnership, and trying to determine the future of the Swedish car manufacturer....
National Electric Vehicle Sweden AB (Nevs) and Dongfeng Motor Corporation (Dongfeng) signed a strategic cooperation agreement on August 17, 2015 to achieve global industrial synergies. Since July 2015, Nevs has started working with Dongfeng on complete vehicle development projects to...
National Electric Vehicle Sweden's (NEVS) new potential owner is embroiled in intense talks with Saab AB surrounding any use of the totemic brand name for future vehicles. The owners of struggling carmaker Saab on Thursday presented a proposal to pay...
Swedish truck maker Volvo Group said Monday it had completed the acquisition of 45 percent of a subsidiary to Chinese motor giant Dongfeng for $893 million (741 million euros). Announced in January 2013, and now confirmed by Beijing, the deal...
A decision regarding National Electric Vehicle Sweden's (NEVS) application for a three-month extension to its reorganisation, could come as early as this week. The Saab brand manufacturer's Trollhattan plant is currently not producing vehicles as it looks to secure investment...
National Electric Vehicle Sweden AB, the investment group that bought the assets of Saab Automobile two years ago, said it’s found two Asian investors that may help fund its revival of the Swedish car brand. NEVS said it on Sunday...
Nevs looks to get a new owner. Nevs has signed an agreement with an Asian vehicle manufacturers, but which company it wants Nevs still can not tell (Mahinda-Dongfeng). The new owner will also finance the operation going forward. The company has...
Automaker Nevs in Trollhättan need more time to his reconstruction and would like to extend it. Automaker Nevs negotiating with two automotive manufacturers to solve the economic crisis and the negotiations have now entered a crucial stage, says the administrator...
China’s Dongfeng Motor Corporation has issued an official statement saying it never had any contact with NEVS Saab or with its shareholders concerning a possible take-over or an investment. On August 21 Economic-news magazine China Securities News published an article citing unnamed sources saying such...
China's National Electric Vehicle Sweden (NEVS), which rescued iconic car brand Saab from bankruptcy, has been forced to pledge vehicles and buildings in order to borrow 58 million kronor, Swedish media said Wednesday. The company needs money to cope with...
