Jump to content
Create New...

SAAB News: Saab To Live Again As A Electric Car Maker


Recommended Posts

William Maley

Editor/Reporter - CheersandGears.com

June 13, 2012

Despite the heavy odds against it, Saab will rise up once more.

Today, Saab’s bankruptcy administrators, Anne-Marie Pouteaux and Hans L. Bergqvist, announced that National Electric Vehicle Sweden AB has agreed to purchase a majority of Saab. National Electric Vehicle Sweden AB is a consortium made up by Hong Kong-based National Modern Energy Holdings Ltd. and the Japanese investment group Sun Investment LLC.

The deal includes a production facility, Saab Tools, test facilities, Saab Powertrain, and the 9-3 architecture. Not included intellectual property rights to the 9-4x or 9-5 and Saab Parts. Neither one of the parties would reveal the purchase price.

At a news conference earlier this morning in Trollhattan, NEVS chief Karl Johan Jiang revealed the that the consortium will use the Saab name. Also, NEVS said their first vehicle would be based on the current Saab 9-3 with Japanese technology and come out sometime in late 2013 or 2014. The vehicle will be built in Trollhattan.

Source: The New York Times, SaabsUnited


View full article

Link to comment
Share on other sites

Why do I see this as the GOV wasting money there to try and save union jobs on a dead product line.

Electrical plug in SAAB will not save this company. I guess they feel with the down eruo economy, it was probably pennies on the dollar to pick up the pieces and give it a try. At least then when it fails they can say we tried one last time.

I truly believe CNG is a better focus than Electrical at this time.

Link to comment
Share on other sites

and so many want to aspire to be like Sweden, Norway etc.

The 9-3 is ancient! good car, maybe there will be a plug in BLS sedan!!!

Yeah this reeks of govt propping up to save jobs....lol but how is this different than here?

at least it keeps the brand............

sucks ass that the 9-5 is not continuing..... I test drove one and really loved it.

Link to comment
Share on other sites

  • 2 weeks later...

SAAB - 'Born From Jets' ...to... SAAB - 'Plug Me In'

Someone needs to let the sleeping (dead) dog lay

  • Agree 1
Link to comment
Share on other sites

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.



×
×
  • Create New...

Hey there, we noticed you're using an ad-blocker. We're a small site that is supported by ads or subscriptions. We rely on these to pay for server costs and vehicle reviews.  Please consider whitelisting us in your ad-blocker, or if you really like what you see, you can pick up one of our subscriptions for just $1.75 a month or $15 a year. It may not seem like a lot, but it goes a long way to help support real, honest content, that isn't generated by an AI bot.

See you out there.

Drew
Editor-in-Chief

Write what you are looking for and press enter or click the search icon to begin your search

Change privacy settings