NEVS buys back the factory property

di.se quotes the news agency DIREKT who says that NEVS today completed a property transaction with Hemfosa and bought back Saab’s factory.

Last year, Saab Automobile AB sold 50.1% of the company that owns the 483000 mยฒ property for 255 million SEK in addition to one year free rent (valued at 70 million SEK).

Eric
Member

Things are moving forward. ๐Ÿ™‚

Angelo V.
Member

Things are moving.

Carlo A
Member

These guys are serious …. and full of money …… ๐Ÿ™‚

900 classic cab
Guest

As long as they “care” about European and US drivers and dealers, It may turn out fine.

mtario
Member

Don’t forget Canadians…
๐Ÿ˜‰

900 classic cab
Guest

sorry ! ๐Ÿ™‚

nordican
Member

+1

Mike Baughan
Guest
Mike Baughan

+1

MeanSabean
Member

+1 Canada

Jim.be
Member

mยฒ you mean?

RS
Member

No it is correct. They bought the whole country. Sweden = 449964 km2 (173732 sq mi). Sorry ๐Ÿ˜‰

rune
Member

I still think they might as well have done that…

But yeah, another freudian slip on my part.

JoPlSe
Member

Great! Next good news would be a BioPower engine and an ethanol hybrid!

SpinM
Member

BioPower hybrid – now that would really be something!

JH
Member

Didn’t we see the Saab 9-X BioHybrid back around 2008? ๐Ÿ˜‰

gustaf
Member

Now this looks better. Also noticed a ‘hybrid’ quote yesterday which gave me back some hope.

ivo 71
Member

Well, this certainly indicates that they are serious and going to do something there. What, that remains the question, of course.

Ivo

OliverH
Member

Buying the facilities means having control. Now they’ve to show how story goes on.

saabsideways
Member
I’ve probably got 40yrs of car buying in me before I roll away to the scrapyard in the sky and reading recent postings has made me think about what I’d like to drive for that period, what will be available to drive and who will make it. There’s no getting away from the pleasure that comes from driving a powerful car but does it really matter if that power comes from fossil fuels, biofuels, hybrid technology or pure electricity ? I really don’t think it does. Technically an electric motor/gearbox could be controlled to provide its power delivery to mimic… Read more »
Allan B
Member

My thoughts exactly. I suspect the kind of dash app you are talking about exists already in a developmental form so hopefully we could see that type of software on the eSaabs by 2015.

kochje
Member

That would be something; drive my Saab as long as possible but will for sure be looking at the car which they will present in 2014.
But it has to be a Saab.

gavin beattie
Member

The nice thing with electronics is you can map the performance for what you are doing at the time, or even better, for letting the children drive one safely. As said high performance, high torque, endurance the possibilities are great. The battery technology is almost there as well.

No 9
Member

Excellent news!

Jarkko
Member

Great news. And I suppose they cannot do everything we expect over night. The first step was to buy Saab Automotive – after that they can start to do other things. You cannot do it any other way and they need time.

But looks they are moving very quickly now. Interesting times ahead.

GrumpyGriffin
Member

If this is true it indicate that NEVS have serious intentions, there is nothing wrong with not disclosing to world what you have planned, lets face it Saab’s last owner behaved like a child with a new toy, showing his vision for a new Saab 9-1 on his Iphone to all he met like the simple line sketch was a blueprint for world automotive domination, a chancer with ambitions beyond his abilities, a salesman who in the end could not sell!

Skipper
Member

So now we just need to wait and see what they do with it. As for VM, well I can see where you’re coming from, but I do think that his intentions were good, even though things didn’t work out as they should have! Let’s hope NEVS have a better plan.

turbin
Member

F@$k me, that’s ths news I was hoping for!

Mark
Member

A positive move.

Would be great now to hear some good news for SAAB’s existing customers, like they recognise us, the history and the brand.

Quixcube
Member

It’s always good to get some recognition but I don’t think words of affirmation are what is really needed. Saab brand aficionados will know if we’ve been remembered or not when the first 100% NEVS Saab rolls off the assembly line. The proof is in the product.

Mark
Member
Sure, but as it stands right now many SAAB owners will be thinking this is the end of SAAB in terms of them purchasing a new SAAB. So if NEVS don’t indicate there is any future for us then all those potential customers will be forced to look elsewhere. Maybe NEVS don’t care about that. The current perception in the community is there is unlikely to be new SAABs in the West. If that is not true then it is bad PR to let that perception linger too long. If NEVS wait until cars are produced to make a clear… Read more »
Allan B
Member

“The current perception in the community is there is unlikely to be new SAABs in the West.”

Speak for yourself, Mark. The fact is that NEVS have stated their sales and marketing will be worldwide. Unless they make a statement to the contrary then I see no reason for anyone to get their knickers in a twist.

Angelo V.
Member
The current perception in the community is there is unlikely to be new SAABs in the West.โ€ Speak for yourself, Mark. The fact is that NEVS have stated their sales and marketing will be worldwide. Unless they make a statement to the contrary then I see no reason for anyone to get their knickers in a twist. Actually Allan, speaking for myself, I’ve untwisted my knickers because I’m so unlikely to purchase an electric car, I no longer feel like I have any skin in the game with a car company named Saab—a dead car company or one purchased by… Read more »
Allan B
Member
Angelo, how lovely to see you back again. I was getting worried you might have stormed off in a fit of pique now that your least-favourite option of toy golf carts has been chosen. I would hate to accuse you of a hysterical over-reaction to every bit of news that might be mildly concerning, but really you need to give NEVS a break. Allow a reasonable bit of time to flesh out more details of their plans. For the time being, they have stated in plain English that their sales and marketing will be worldwide. A special focus on China,… Read more »
Mark
Member

Whilst hasn’t said it won’t sell cars anywhere else, it has intoned that it’s main focus will be China. New car sales begin with an EV version of the (what by then will be) almost geriatric 9-3SS, which I doubt would have much appeal outside of China anyway, if it even becomes popular there?

Mark
Member

Alain, I suggest to get an idea about those perceptions you read…
http://www.swadeology.com/2012/06/an-open-letter-kai-johan-jiang-nevs-new-owners-saabs-stuff/#comment-2831

You might then realise I am not alone.

Allan B
Member
Thanks for the link, Mark. I do follow Swade’s writing, and have done since this site was Trollhรคttan Saab. I think a lot of what Swade writes is great, really interesting and entertating. But Swade does not have a monopoly on “the Saab community”. My concern is that Mr Jiang, if he reads it, might see some of the rhetoric directed towards him as rather self-important and patronising, but hopefully not. Arguably, in the grand scheme of things, it is not terribly important to be honest. Either way, I am not too concerned about the supply of Saabs for Western… Read more »
Mark
Member
Allan, I see I got your name wrong before, sorry about that. Clearly we are all pulling for SAAB, I hope NEVS and perhaps a partner can pull through and make a full success of this but their are many risks they face. One point mentioned on Swade which really struck me is that if SAAB fans are forced to another marque then it will be much much harder to win them back. That’s another reason why it seems sensible to have an interim strategy for low emission ICE and hybrids. A big problem for SAAB in 2008-2010 was that… Read more »
Allan B
Member

You’re right Mark, they face big risks. But I suggest let’s stay cool and wait and see what further details emerge. It is really early days right now.

People who are against this generally seem to be freaking out over two things: EVs and, secondly, Chinese focus/control. I don’t see either of those things as negatives; they are in my opinion both huge positives if Saab is going to make money and have a long-term future as a volume car-maker with an eye on progress.

scmit02
Member

Good news. Sounds like their intention is to get going ASAP as I can’t imagine what the carrying costs of an idle factory are.

JasonPowell
Member
I saw the factory news somewhere the day of the sale and my immediate thought was simply that it made no sense at all to buy everything back with the sole intention of producing EVs. From what I understood, they bought absolutely everything back in the land deal and when Saab was running under Spyker they weren’t using the majority of the factory and had plenty of room to produce more models then they were at the time. I think it’s safe to say that they now have the room and ability to produce more then what they have mentioned… Read more »
zippy
Member

You are up and about a bit early arent you Jason?

JasonPowell
Member

it’s 9:00am now Zippy, I wish this was up and about a bit early, I could probably sleep till 11 if I didn’t have to get up and go to work. We have someone very interested in the white 9-5 you love so much.

ryanonsrc
Member

I completely Agree with Jason on this one. This is big news. The fact that they have bought the whole property so quickly shows a level of commitment that we have been waiting for all too long. Call me an optimist but I am beginning to get the impression that the folks at NEVS have more than one ace up their sleeves.

dcpattie
Member

I’m still waiting to hear what they are going to do for the current dealer network, seems foolish to start from scratch in the US & Europe.

And what’s the situation for 2010/2011 owners?

hilmar
Member

For all of you who are doubtful concerning an electric Saab – read “Life with Saab”: A rewind to Saab zero emission convertible. Very encouraging !

edusaab
Member
The big thing is to know a detailed model range plan. When I see this then as a customer I could know what to do. And main thing, they must offer “security” to the Delaers, they don’t live only repairing Saabs they need new models, and that’s why many Dealers are closing now. If they are considering to do a joint venture with Mahindra to deal with the Petrol/Diesel, Hybrid range of models, it could be a good thing, to split the risk and concentrate their resources on the Electric new enviromentaly technollogies and Mahindra could concentrate and also take… Read more »
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