Saab

Saab name won't be revived under Chinese owners

Jan. 30, 2016 06:01 CET

Saab AB, the Swedish aerospace company that owns the Saab brand, will not allow its name or logo to be used on future models produced by National Electric Vehicle Sweden.... Read More »

Saab owner NEVS signs deal with China's Volinco

Jan. 12, 2016 15:39 CET

National Electric Vehicle Sweden, the company that bought Saab, signed a deal with China Volant Industry for 20,000 electric cars based on Saab's 9-3 sedan model. The deal will allow NEVS to access Volinco's high-tech component suppliers.... Read More »

NEWS ANALYSIS

Rebranded Saab at the center of China's green car push

Jan. 9, 2016 06:01 CET

The Swedish automaker once known as Saab has emerged as part of China's push to make electric vehicles a mass-market alternative to gasoline cars, after getting a $12 billion order for EVs.... Read More »

Saab successor Nevs signs $12 billion China electric car deal

9:07 am U.S. ET | Dec. 17, 2015

National Electric Vehicle Sweden, which bought the assets of bankrupt Saab Automobile, announced a 78-billion-yuan ($12 billion) deal today to supply 150,000 electric cars to Chinese leasing firm Panda New Energy.... Read More »

Former Saab CEO charged with giving false testimony

Sept. 2, 2015 16:44 CET

Former Saab Automobile CEO Jan Ake Jonsson was charged with giving false testimony when the aftermath of the Swedish automaker's bankruptcy played out in court.... Read More »

Saab owner will develop green cars with China's Dongfeng

Aug. 17, 2015 12:50 CET

China's Dongfeng and National Electric Vehicle Sweden (NEVS), which bought Saab Automobile in 2012, have signed an agreement to jointly develop green cars. NEVS will also help Dongfeng to develop its own brand cars to meet regulations and technical specifications of overseas markets including Europe and North America.... Read More »

Saab owner to build EV plant in China

July 3, 2015 11:06 CET

China's National Electric Vehicle Sweden, which owns the assets of bankrupt Swedish automaker Saab, broke ground on a plant in China to produce electric vehicles. The company did not release any details about the EVs and it's not clear whether they will be marketed as Saabs.... Read More »

JAY RAMEY

BLOG: Saab turbo engines to power Chinese Jeep Wrangler clone

11:00 am U.S. ET | June 2, 2015

The Beijing Auto BJ40, a 4x4 clone of the Jeep Wrangler, will soon receive a turbocharged 2.0-liter engine that its parent company, BAIC, received from GM's fire sale of Saab parts bin items in 2009, along with the Saab 9-3 and Saab 9-5 platforms.... Read More »

Saab parts sales thrive without showrooms

2:00 pm U.S. ET | Jan. 23, 2015

Saab may have shipped its last car to North America three years ago, but the business of supplying parts for the estimated 450,000 Saabs on American roads goes on.... Read More »

Former Saab owner Spyker is bankrupt

Dec. 18, 2014 15:38 CET

Spyker -- the Dutch supercar maker that was hurt by its acquisition of Saab from General Motors -- was today declared bankrupt even as founder and CEO Victor Muller vowed to revive the company.... Read More »

Mahindra nears deal to buy Saab maker, report says

Dec. 11, 2014 10:37 CET

India's Mahindra is close to sealing a deal to buy NEVS, the investment group that bought the assets of Saab Automobile, a report said. Mahindra wants Saab so it can accelerate its expansion into Western markets and into premium and electric cars.... Read More »

Spyker files for financial restructuring

Dec. 2, 2014 17:13 CET

Spyker Cars has filed for financial restructuring as the Dutch automaker that was hurt by its acquisition of Saab from General Motors seeks to avoid collapse.... Read More »

Mahindra will buy majority stake in Saab maker NEVS, report says

Dec. 1, 2014 16:48 CET

India's Mahindra & Mahindra has agreed to buy a majority stake in National Electric Vehicle Sweden (NEVS), the investment group that bought the assets of Saab Automobile two years ago, a report said.... Read More »

Saab owner finds 2 Asian automakers that may invest in revival

11:52 am U.S. ET | Dec. 1, 2014

National Electric Vehicle Sweden, the investment group that bought Saab Automobile two years ago, said it's found two Asian investors that may help fund its revival of the Swedish car brand.... Read More »

Saab parts sales thrive without showrooms

12:01 am U.S. ET | Dec. 1, 2014

Saab may have shipped its last car to North America three years ago, but the business of supplying parts for the estimated 450,000 Saabs on American roads goes on.... Read More »

RICHARD TRUETT

BLOG: Why turbocharger fans owe Saab a thank-you

11:30 am U.S. ET | Nov. 11, 2014

We are gathered here today to pay our respects to Saab. The deceased Swedish automaker's lasting legacy is not the unconventional place it put the ignition switch. It isn't the blackout feature that allowed the driver to turn off all the instrument lights except the speedometer, nor is it the clamshell hood or any other quirky Saab feature.... Read More »

GM will warn some Saab, Pontiac owners not to allow front passengers

Oct. 22, 2014 12:47 CET

General Motors will warn some owners of Saab 9-2X and Pontiac Vibe hatchbacks in the U.S. not to allow front-seat passengers until defective air bags are replaced as part of a wider recall that involves 6.1 million cars.... Read More »

NEVS lays off staff as Saab output remains idled

12:16 pm U.S. ET | Sept. 24, 2014

China's cash-strapped National Electric Vehicle Sweden said it would lay off up to 200 employees at its Saab car plant in Sweden as production is unlikely to resume anytime soon.... Read More »

Mahindra in alliance talks with PSA, Saab maker, report says

Sept. 8, 2014 10:52 CET

Indian automaker Mahindra & Mahindra is exploring alliance opportunities with PSA/Peugeot-Citroen and the maker of Saab cars, NEVS, according to a newspaper report.... Read More »

Saab carmaker NEVS granted creditor protection by court but loses right to use Saab name

Aug. 29, 2014 12:46 CET

National Electric Vehicle Sweden (NEVS), which bought Saab in 2012, won court protection from creditors today. But the automaker suffered a blow when Saab AB, the defense firm, withdrew NEVS' right to use the brand name Saab for its cars.... Read More »

Court rejects creditor protection for Saab owner NEVS

Aug. 28, 2014 11:56 CET

A Swedish court rejected an application from China's National Electric Vehicle Sweden, which bought bankrupt Saab in 2012, for protection against creditors while it concludes funding talks.... Read More »

Volvo counts on high-cost Sweden for crucial XC90

Aug. 26, 2014 06:01 CET

Volvo is sticking to its Scandinavian roots with its first model since being acquired by Chinese owners four years ago. Rather than chase low wages, Volvo will build the new XC90 SUV in Sweden, where auto workers get about $62 an hour.... Read More »

Saab seeks ally to fund its fresh start

12:01 am U.S. ET | Aug. 25, 2014

Saab's owner, National Electric Vehicle Sweden, says it is in discussions with potential partners as it seeks to restart car production and develop future models.... Read More »

Saab's owner seeks partner to secure brand's future

Aug. 19, 2014 11:15 CET

Saab's owner, National Electric Vehicle Sweden, says it is in discussions with potential partners as it seeks to restart car production and develop future models.... Read More »

GM recalls nearly 30,000 Saab 9-3 convertibles

July 10, 2014 13:56 CET

General Motors is recalling almost 30,000 Saab 9-3 convertibles in the United States for a seat belt issue that has previously affected sedan models.... Read More »

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