saab bankrupt
Saab Sale Complete, Will Spawn New EV in 2014
After the recent sale of Saab to National Electric Vehicle Sweden (NEVS), there were still some issues regarding the use of the griffin head logo, but now that has been resolved, and NEVS will move forward with its plan to build electric vehicles on existing Saab platforms.
Saab Files for Bankruptcy
Saab’s financial rollercoaster seems to have come to what many have speculated would be its inevitable conclusion, with the Swedish automaker today announcing it has filed for bankruptcy with the District Court in Vänersborg, Sweden. The news comes as Saab was seeking to reorganize, with the struggling car maker desperate to arrange funding. The most…
