Confirmed sources to SU claim that SAAB AB is not interested in going through some half-serious try to save the brand again.
Since last summer we’ve been hearing close-to-source stories that SAAB AB is not […]
Zeewolde, the Netherlands, 2 December 2014. Spyker N.V., together with its wholly owned subsidiary Spyker Automobielen B.V. (collectively “Spyker” or the “Company”), today filed a voluntary petition for financial […]
On November 30th one of the OEM’s currently in negotiation with NEVS, which our sources claim would be Mahindra from India has signed a Term Sheet in which the OEM states that it is willing to step in as majority […]
After having talked with a couple sources in the past weeks I’ve learned what might become of the Trollhättan factory area if the reconstruction of NEVS was to fail.
First of all regarding the new business plan of NEVS, focusing on the point of letting other manufacturers build their cars at the Saab factory. This is a scenario that nobody I’ve…[Read more]
I’ve given the NEVS plans a lot of though as to bringing back a number of new models into the SAAB line-up. Of course if NEVS were to succeed this would be every Saab drivers dream come true and even though I’ve already placed an order for a brand new car from another brand I’d still be very interested in getting a new car from SAAB. This is the…[Read more]
The decision was taken today that the reconstruction of NEVS is to be continued until November 29th. None of the creditors called for a bankruptcy of NEVS which is indeed very good news. A committee consisting of representatives from the creditors will be formed and will have insight into the progress of the reconstruction.
Mattias Bergman told…[Read more]
Today is the day that will determine if NEVS has a future in the auto industry or not. Its judgement day for the reconstruction and NEVS has to disclose how it intends to remake its business in order to pay its creditors.
In Trollhättans neighbor city Vänersborg lies the district court and town hall and thats where the event will take place, in…[Read more]
The full version of the reconstruction plan from Lars Eric Gustafsson at Hamilton Law firm responsible for the reconstruction of NEVS can now be found in English here: http://hamilton.sidvisning.se/reorganisationplan/
According to P4 West, NEVS is also talking to other interested parties on top of the two main figures Mahindra and Dong Feng. Mikael Östlund confirmed to Victor Jenssen at P4 West that the talks with other parties […]
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