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...
National Electric Vehicle Sweden, Nevs, has today submitted an application to the District Court in Vänersborg, requesting that the company reorganisation shall continue for an additional time period of three months. The administrator Lars Eric Gustafsson expresses the rationale for...
The owners of struggling NEVS will seek an extension of bankruptcy protection that expires at the weekend, a spokesman said Friday. The Chinese-backed consortium, National Electric Vehicle Sweden (NEVS), took over the ailing carmaker in 2012. NEVS planned Monday to ask...
Swedish Radio P4 West reported earlier this morning that NEVS will be applying for an extension of the reorganisation with the Vänersborg district court on Monday 1 December. - We will submit the application on Monday, that's all I can...
On Official Instagram account saabcarsofficial by Nevs almost daily publishes photos from manufacturing plants. Well, The truth is of course is that there is No Production, we all waiting impatiently November 29, but tests and research are proceeding smoothly in continuity, As...
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...
General Motors Co persuaded a federal appeals court to uphold the dismissal of a $3 billion lawsuit in which Spyker NV accused it of derailing a plan to sell the Swedish automaker Saab to a Chinese company. The 6th U.S. Circuit...
Saab parent company National Electric Vehicle Sweden refuses to go down without a fight. After a recent trip to court, the company is emerging with an extension on its reorganization until November 29. According to Europe Online Magazine, there's also...
