Friday, August 29, 2014

Bankruptcy Protection Of Saab Owner NEVS Rejected By Court

2:05 AM    No comments

Saab’s current owner National Electric Vehicle Sweden is on the verge of bankruptcy following news a Swedish court rejected the company’s application to provide it time to restructure and find a new investor. NEVS, which acquired the remains of Saab in 2012 and briefly restarted production of the 9-3 sedan late last year, recently ran...



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