Saab bought by electric car consortium neurope eu

23 мая 2014 | Author: | Комментарии к записи Saab bought by electric car consortium neurope eu отключены
Saab Electric Cars

Saab bought by electric car

Saab bankruptcy administrators the purchase of Saab by National Vehicle Sweden (Nevs) a press conference at Saab in Trollhattan, southern Sweden, The reported.

It is a great day today for me to before you and say we have reached an with the administrators, Nevs CEO Kai Jiang said during the conference.

Earlier this month, the of Chinese and Japanese investors they submitted an offer for in April, before the deadline for expired.

The Swedish-registered firm by a Hong Kong-based company in alternative energy and a Japanese fund, declined to disclose the of the offer at the time.

However, Wednesday an agreement was signed.


Nevs and the Receivers of the Saab bankruptcy estate on 13 June a purchase agreement which the main assets of Saab AB, Saab Automobile Powertrain AB and Automobile Tools AB, NEVS and bankruptcy administrators said in a statement.

NEVS is a new company in Sweden and founded by two firms in Kong and Japan. NEVS, is 51% owned by Hong Kong-based energy specialist National Energy Holdings and 49% owned by investment firm Sun Investment was established for the purpose of acquiring the of the Saab Automobile bankruptcy according to the statement.

The statement announced the purchase but no was made to the sum paid for the bankrupt car

Saab Electric Cars

Saab filed for bankruptcy on 19 2011.

Chinese carmaker was also known to be interested in Saab. Swedish media reported that Youngman a preliminary bid in late January or February of about two billion crowns ($ 280 million).

Youngman has long been in Saab and tried to snap it up it declared bankruptcy but those were thwarted by the Saab’s owner, General Motors, balked at transferring the necessary licences.

Reports have surfaced that Indian utility vehicles manufacturer Mahindra has placed a bid as well.

Saab was on the brink of bankruptcy GM sold it in early 2010 to company Swedish Automobile — at the time called — for $ 400 million.

Bankruptcy said in April that had assets to cover only over a third of its debt of 13 crowns.

Saab Electric Cars
Saab Electric Cars

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