The District Court of Vänersborg, today March 11, decided that the Reorganization of Nevs shall continue for an additional time period of 3 months, until May 29, 2015. February 26, 2015, National Electric Vehicle Sweden AB (Nevs) applied for prolonged reorganization...
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...
NEVS said Thursday they plan to finish assembling 100 SAAB 9-3 cars that have sat idle on the production line of a Swedish plant since May. National Electric Vehicle Sweden (NEVS) also said that they will apply for an extension of...
Majority of the world's media this week dealt with the fate of the NEVS company nad Saab brand and who owns Saab. Below, you can read their comments on the forefront of this situation in which the company fell ingloriously. Firstbiz: M&M eyeing...
Indian billionaire Anand Mahindra is close to sealing a long-anticipated deal to buy NEVS-Saab, marking the tycoon's latest attempt to accelerate his company's global expansion by acquiring a premium auto brand. Mahindra has been attempting to source an internationally recognized...
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...
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...
India’s largest utility vehicle maker, Mahindra & Mahindra is said to be interested in acquiring bankrupt car maker Saab in its latest bid to become an international auto giant, with a news report in its native Sweden saying the Pune-based...
