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One of the positive things about the Saab era is that Trollhättan was able to maintain its importance as an automotive location. There are no longer any vehicles that roll off the assembly line at Göta Älv, but the city is
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Barely appreciated by the public, the GM era in Europe ended last week. Hardly anyone took notice of the PSA Group's takeover of Opel. GM said goodbye almost without a sound. The German
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NEVS CEO Mattias Bergman in an interview with EFN, a subsidiary company to Swedish bank commercial banks.
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Some Saab drivers felt reminded of 2009 by the headlines of the past few days - when GM decided to shut down Saab for good. A déjà vu? Only superficially, because 2017 is not 2009, and the
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“The only thing that is different is everything” - that's the way I would summarize what happened when newly formed National Electric Vehicle Sweden (NEVS) acquired the main assets of SAAB Automobile AB in June 2012.
Read more Just the other day I heard someone updating Sir Isaac Newton's classic law of nature “for every action, there is an equal and opposite reaction” with “, plus a social media overreaction”. I guess this
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At the beginning of the week our gaze was drawn to China, and somehow the East would not let us go. Shortly before the weekend we will swing back to Asia. There are exciting things: Saab technology
Read more Business is good when everyone involved has their advantage. Sometimes one has to look to see the usefulness of each party. The Dongfeng - NEVS partnership belongs in this category and made me yesterday
Read more National Electric Vehicle Sweden AB (Nevs) and Dongfeng Motor Corporation (Dongfeng) signed an agreement on August 17, 2015 to achieve global industrial synergies.
Read more Some minutes ago, NEVS sent out an invitation to a press conference to be held at 11:00 CET in Trollhättan. The invite is confirming that NEVS has come to agreement with a Chinese vehicle manufacturer on
Read moreThe district court in Vänersborg today approved NEVS 'earlier application to exit reorganization. 230 days have passed since the reorganization phase started back in August 2014 and the way should now be clear to get
Read moreNEVS was granted a 3 month extension of the reorganization process on December 2 of last year. Key at the time was the situation with the creditors as at least two of them were against the
Read moreWell, that were quite an eventful past few days last week. One moment I was in a taxi returning home from a business trip to Ireland, the next moment I found myself in an ambulance.
Read moreThe second “Asian OEM manufacturer” interested in NEVS is rumored to be Chinese automobile conglomerate Dongfeng. Dongfeng made a significant move today with their announcement to start a new joint venture with a Swedish vehicle manufacturer.
Read moreAdministrator Lars-Eric Gustafsson was interviewed by Swedish radio P4 Väst today about the progress with the NEVS reorganization process. Only 12 days to go until the current deadline set by the Vänersborg district court, see above
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