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Saab cars officially dead as new owner rolls out NEVS brand

The long battle to restore Saab as an automaker is over, with the owner of the assets of the former Swedish automaker, National Electric Vehicle Sweden, confirming today that its future cars will be sold under the new brand NEVS. The news will be sad for Saab fans all over the globe though at least... read more

June 21, 2016 by
 
Saab 9-3 EV electric prototype shown by NEVS, 2014

Saab Parent NEVS Forms Alliance With China's Dongfeng

Back in May, Saab parent company National Electric Vehicle Sweden (NEVS) was thrown a lifeline by the Chinese government when two state-owned entities signed an agreement... read more August 17, 2015 by


 
Erik Carlsson

Famed Saab Rally Driver Erik 'Mr. Saab' Carlsson Dies At 86: Video

Erik Carlsson, whose skill with a Saab 96 singlehandedly put the company on the map in rally circles, died yesterday. He was 86. While he was known as "Mr. Saab" in later... read more May 28, 2015 by


 
2014 Saab 9-3 Aero

Saab Parent NEVS Forms Alliance With State-Owned Chinese Firms, Confirms Chinese Plant

Saab, like fellow Swedish automaker Volvo, is now partially owned by the Chinese government, with its cash-strapped parent company National Electric Vehicle Sweden (NEVS)... read more May 28, 2015 by


 
2014 Saab 9-3 Aero

Saab Owner NEVS Exits Bankruptcy Protection

After running out of cash last May due to a failed deal with a Chinese backer, Saab’s owner National Electric Vehicle Sweden (NEVS) was facing bankruptcy but was thrown... read more April 16, 2015 by


 
2014 Saab 9-3 Aero

Facing Bankruptcy, Saab Owner NEVS Seeks Debt Reduction From Creditors

Saab’s latest woes appear to have no end in sight with news emerging overnight that the automaker’s owner, Chinese-backed National Electric Vehicle Sweden (NEVS)... read more February 19, 2015 by


 
Saab 9-3 EV electric prototype shown by NEVS, 2014

Saab Owner NEVS Close To Reaching Deal With India’s Mahindra: Report

Earlier this month, cash-strapped Saab owner National Electric Vehicle Sweden (NEVS) asked a Swedish court to extend the period for its restructuring so that it could... read more December 10, 2014 by


 
NEVS starts production of 2014 Saab 9-3

Facing Bankruptcy, Saab Owner NEVS Says It Has New Asian Investor

The Saab name continues to be dragged through the mud, with its current owner, National Electric Vehicle Sweden (NEVS), struggling to stave off bankruptcy and secure a new... read more December 2, 2014 by


 
2014 Saab 9-3 Aero

Up To 200 Saab Employees To Be Let Go

Saab’s owner National Electric Vehicle Sweden said it intends to lay off up to 200 of the Swedish automaker’s employees as it attempts to reduce costs during its... read more September 24, 2014 by


 
2014 Saab 9-3 Aero

Facing Bankruptcy, NEVS Loses Rights To Saab Name

Saab owner National Electric Vehicle Sweden recently ran out of cash but on Friday was thrown a lifeline by a Swedish court, which has given the struggling firm time to... read more August 31, 2014 by


 
NEVS starts production of 2014 Saab 9-3

UPDATE: Bankruptcy Protection Of Saab Owner NEVS Approved

Saab’s current owner National Electric Vehicle Sweden is on the verge of bankruptcy but the firm has been thrown a lifeline by a Swedish court. The district court of... read more August 29, 2014 by


 
Saab 9-3 EV electric prototype shown by NEVS, 2014

Struggling NEVS Shows Off Saab 9-3 Electric Prototype

Saab can't seem to catch a break. Tossed like a hot coal in General Motors' restructuring, its prospects unchanged by Spyker's purchase and now struggling under... read more August 22, 2014 by


 
2014 Saab 9-3 Aero

UPDATE: Saab Owner’s Bankruptcy Petition Withdrawn, Investor Talks Ongoing

Yesterday, it was reported that suppliers to Saab had petitioned a Swedish court to declare the struggling automaker’s latest owner, National Electric Vehicle Sweden... read more August 14, 2014 by


 
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Is India’s Mahindra About To Purchase A Stake In Saab?

There seems to be no end to Saab’s woes, even with new owner NEVS running the show. A month ago, NEVS said a cash shortage had forced it to stop production of the Saab... read more June 18, 2014 by


 
2014 Saab 9-3 Aero

Cash Shortage Causes NEVS To Stop Saab Production

Since acquiring the assets of Saab back in 2012, NEVS has started production of the 9-3 sedan at the Swedish automaker’s plant in Trollhättan and even fulfilled... read more May 21, 2014 by


 
2014 Saab 9-3 Aero

NEVS Starts Production Of The First Electric Saabs: Report

Since purchasing the assets of bankrupt Swedish automaker Saab, NEVS has maintained that its intentions are to revive the brand and eventually launch a range of new electric... read more April 8, 2014 by


 
 

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