Information prior to the Meeting of Creditors at the District Court of Vänersborg October 8 At the Meeting of Creditors October 8 at the District Court of Vänersborg the Administrator Lars Eric Gustafsson at Hamilton law firm will propose that...
NEVS-Saab, struggling to resolve serious financial difficulties by attracting new investors, said Wednesday it had shed 155 workers, close to a third of its workforce. The redundancies fell short of a previously announced figure of up to 200 employees. The company...
The Chinese-backed consortium which owns Saab - the Swedish carmaker that became insolvent three years ago - said on Wednesday it was to lay off a third of the workforce over further delays in restarting production. National Electric Vehicle Sweden...
Nevs announces intention to lay off up to 200 employees due to lack of work, as the decision to re-start productionwill be further delayed. Nevs has retained the permanent workforce for production since the production was stopped in the end...
While NEVS, parent of Saab continues to work through its financing issues to bring the first all-electric Swedish car to market, our friends at Elbilen i Sverige (a prominent EV magazine in the country) have had the first opportunity to...
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...
It is looking more and more like NEVS' valiant attempt to revive Saab has failed. Deep pockets are needed to found (or revive) and run an automaker and it looks like suppliers - already burned by the last Saab meltdown...
All the world's media report developments regarding the Nevs company and Saab brand. WSJ: Saab Auto's Chinese-Backed Owner Goes Bust "In its filing to the court, the company said it plans to transfer the architecture for its Phoenix model as well...
The District court of Vänersborg, Sweden, today August 29 approved the application for reorganization from National Electric Vehicle Sweden AB. The District court has appointed Mr. Lars Eric Gustafsson, Attorney at Hamilton law firm in Stockholm, as administrator during the...
Nevs may no longer sell and produce cars under the name Saab. Defense group Saab AB has withdrawn the law. Nevs but must now negotiate the license agreement and believe that it will be successful, published the Swedish Radio P4 Vast. Saab...
