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...
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...
A few days ago in Svenska Dagbladet newspaper appeared a long article by Jonas Fröberg, in which he writes about the future of Swedish auto industry and Trollhättan. Since the horror from 2011, three years have passed, the Saab situation...
The clock is ticking for Saab-Nevs and must find a solution before the end of June. According to several sources Nevs negotiating with Chinese Dongfeng and Indian Mahindra. Mahindra will be interested in an ownership in Nevs while Dongfeng will...
Nevs negotiating with Indian giant Mahindra Group about the company to join as an owner in Nevs. Notification of these negotiations may come soon, says sweden's radio P4 West. Nevs has financial problems and lack of money. The reason is that the...
China's National Electric Vehicle Sweden (NEVS) has halted output of its Saab car due to a shortage of fund, it said last month. Now the piles of debts are growing at the Swedish Enforcement Service. But two potential Asian investors...
Here are the highlights of what Jason Castriota told for jalopnik.com about the 9-3 Phoenix platform and the future of Saab, at the New York Auto Show. The 9-3 Phoenix design may come back under NEVS! That stands for National Electric Vehicle...
Saab Meeting in Örebro 29th of May 2014, by: SaabsUnited, CardYourCar, Orio AB, MapTun, Saab Cars (NEVS). For all Saabers, Relax and enjoy! Thanks Jörgen Trued, from SaabUnited who share this video with Saab fans: https://www.youtube.com/watch?v=ttOdKNor92Q...
Nevs produce an updated version of the Saab 9-3 Aero with a petrol engine. But now halted production for four weeks. No notice shall, however, be up to date, writes Swedish Radio P4 West . Nevs previously built 6 cars a day. The reason is that...
Nevs, recently started manufacturing the Saab again, is entering the racing circus STCC. Nevs initiates collaboration with PWR Racing Team for a joint venture with Saab 9-3 in STCC. PWR Racing Team owned by Peter "Poker" Walllenberg and Daniel Haglöf. ...
