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]
Today about 200 people at NEVS will be handed their resignation papers, a story that I personally have gone through at Saab back in 2002 when 1200 employees were laid off. I had only been at the company for a year so I had no chance to stay so I know exactly how the people at NEVS feel right now, but when I was handed the papers I decided that I’d…[Read more]
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