October 29, 2022 is a historic date. Somehow, but probably purely by accident. Two countries, two (more or less pronounced) autocracies. Two new car brands and both have a piece of Saab DNA. Hengchi 5 rolls…
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We have stopped reporting on the topics of NEVS and Evergrande. Both companies are not relevant to Saab. But as promised, we are still keeping an eye on the development that the old Saab factory ...
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The SaabBlog project is in its 12th year of existence and is therefore a kind of digital dinosaur. It was never planned to write about Saab for so long. One fact that the blog still exists is because...
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In Trollhättan, the sale of NEVS is within reach. It could even be completed as early as April. NEVS CEO Stefan Tilk is in talks with various interested parties who are on the home stretch. Of course...
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The shares of Evergrande Auto (HK 0708) and Evergrande parent company (HK 3333) and other subsidiaries were taken off the Hong Kong Stock Exchange this morning. There was an explanation for the reasons...
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It has become quiet around Evergrande and the Hengchi brand. The real estate developer's crisis has put the ambitious plans on hold. The future is in question. Actually, mass production of electric cars was supposed to start in January and the first vehicles…
Read more A price rally in the Evergrande Auto share (HK 0708) triggered the announcement by founder Hui Ka Yan that he wanted to focus on the car business in the future. The stock is up nearly 12% today...
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Evergrande Auto Group held a meeting with suppliers and representatives of the regional authorities in Tianjin yesterday. It is clear that Evergrande Auto will not be able to keep to the original schedule. However, the company has…
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The Evergrande crisis is now attracting global attention. Anyone who read the Saab blog on September 3rd could gain a knowledge advantage of more than 3 weeks. Evergrande Auto's secret contingency plan went…
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The last few days have been very dramatic for Evergrande Auto (HK 0708). The company stopped making payments to suppliers and employees. The share price developed accordingly and recorded high, double-digit losses. At the…
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Another memorable week for Evergrande Auto comes to an end. The poker game about the future, which also affects Trollhättan, remains exciting and confusing. It's pretty expensive now. Since the stock's peak in...
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Evergrande does not currently look like there is a solution to the crisis. Evergrande Auto's stock continued to plummet today and suppliers' complaints of unpaid invoices continue to mount. In German…
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If there are those days when it's better to stay in bed, today was one of them. Evergrande Auto shareholders had a memorable Monday. The previously badly battered share was listed at a…
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The share prices of Evergrande Auto (HK 0708) and Evergrande Group (HK 3333) knew only one color today. It was red. A dead giveaway that plans don't seem to be working. What happened? Evergrande wants…
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The Evergrande Group today confirmed talks to sell the car division. It remains unclear whether it will be a complete sale. Evergrande seems to prefer shareholdings and partial sales to further develop the car division….
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