I think he means that you should translate the press-release to English since this is an English website.
And its pretty obvious that they deny in any talks since its a listed company, such things could affect their stock-price…
Hey David, this website is a privately operated website in which we decide what is to be published and not, simply because we are responsible for whats written here under EU Law even if its a commentator who writes it.
I’ve been very tolerant with critics of the brand and there are only a few cases in which we’ve removed someone or put someone…[Read more]
The brand name will not automatically go to a new buyer. But I don’t think that Mahindra is going to buy NEVS, they will most likely buy some of the shares but not a majority in any way.
If my contacts are correct (they usually are) NEVS would most likely set up some kind of development company together with Dong Feng and an investment company…[Read more]
The thing you don’t seam to understand is that in deals like this, the price is not the issue! You are thinking about this in a way too simplistic point of view!
The issue is getting the deal right without walking into any traps and figuring out all of that takes a lot of time. Buying a company like this regardless if its investing in an…[Read more]
Why do you think they will get an opportunity to buy a bankruptcy estate? The amount of money left in NEVS is so low that there is probably not enough value available to actually perform a successful bankruptcy!
Remember that Saab Automobile AB had enough value to last about 4 months, the rest of the cash needed to continue the bankruptcy estate…[Read more]
I have blacklisted Beakon since his attitude is most depressing… I totally agree with you that we should not make things worse!
There are still a large amount of people working for Saab/NEVS and to say “just end it already” is an insult towards those people who’s families depend upon the income that NEVS is currently providing.
So because of…[Read more]
Tim commented on the post, First Photos: NEVS EV-1 *updated with press-release 1 day, 20 hours ago
I agree with you, if you think about it, SAAB has been alive longer under NEVS than it were with SWAN/Spyker…
Tim commented on the post, First Photos: NEVS EV-1 *updated with press-release 1 day, 21 hours ago
I remember that there were a number of external companies involved in the ePower cars, it was a complex endeavor mostly done outside Saab. After the bankruptcy the cars went back to the owner Innovatum in Trollhättan, don’t know if they are still there.
Tim commented on the post, First Photos: NEVS EV-1 *updated with press-release 2 days, 10 hours ago
its just a marker to show that its a test vehicle, all brands do the same!
Tim commented on the post, First Photos: NEVS EV-1 *updated with press-release 2 days, 18 hours ago
The Golf is a significantly smaller car…
Today NEVS showed its electric 9-3 EV-1 for the first time, Jukka Rokka, was kind enough to send us some photos of the car. If you look closely you’ll also see the new Infotainment system mounted into the dash. Clearly a touch-screen system which I intend to find out more about! Enjoy! =)
PRESS RELEASE FROM…[Read more]
Tim commented on the post, Supplier files for NEVS bankruptcy hearing (updated) 1 week, 2 days ago
He went after investors in China because he had nowhere else to turn… and GM accepted both Youngman and Pang Da’s investments initially, it was when they together tried to take over more than 50% of the company that GM turned them down.
The initial deal had them owning 24,9% of the shares in SWAN together, but the chinese got greedy because of…[Read more]
Yesterday a petition for bankruptcy was filed by a supplier of test equipment in Gothenburg towards NEVS, ironically as most of us now know, the whole issue was handled by a consultant agency which deals with unpaid bills, the whole thing was a routine issue for them and they were simply following procedure. However in this case the procedure was…[Read more]
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