Thursday, May 28, 2015

Saab Parent NEVS Forms Alliance With State-Owned Chinese Firms, Confirms Chinese Plant

2014 Saab 9-3 AeroSaab, like fellow Swedish automaker Volvo, is now partially owned by the Chinese government, with its cash-strapped parent company National Electric Vehicle Sweden (NEVS) confirming this week that it has formed an alliance with two state-owned Chinese entities. Importantly, the confirmation ends speculation that NEVS was about to form an alliance...

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