Saab is back First cars produced under new owners (Update)

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Saab Electric Cars

Saab is back: First produced under new owners

Dec 02, 2013 by Malin Rising

Minister of Trade, Annie looks out from the first Nevs (National Electric Sweden) Saab 9-3 Aero at the factory in Sweden, Monday, 2, 2013. NEVS bought the of Swedish car maker SAAB and is on electric vehicles. However the car to leave the factory after it was is a gasoline fueled 220 horsepower turbo. (AP Photo/TT, Bjorn Rosvall)

Two and a half years Saab shut down due to financial trouble, the Swedish car a new sedan off its assembly lines in in south-west Sweden, on Monday.

National Electric Vehicle the Hong Kong-based company bought the brand out of bankruptcy in last year, presented its new 9-3 Sedan as the first in a series of new it will produce.

The company, called NEVS, said the 200 cars will be delivered in the and will cost 279,000 ($42,500) each. Next it will also launch a 9-3 followed by convertible and electric

Saab shut down in April 2011 after six of building cars as its earlier owner, Spyker Cars, with financing. It filed for in December the same year, a huge blow to the town of and the company’s 3,000 employees.

NEVS now employs around 600 including many former employees, and acting President Bergman said he felt happy, proud and humble the company has been able to production.

Bergman wouldn’t any forecast of how many cars expects to sell but said will start on a small and adjust production based on intake.

The SAAB logo on the first Nevs (National Electric Sweden) Saab 9-3 Aero at the factory in Sweden, Monday, 2, 2013. NEVS bought the of Swedish car maker SAAB and is on electric vehicles. However the car to leave the factory after it was is a gasoline fueled 220 horsepower turbo. (AP Photo/TT, Bjorn Rosvall)

Saab Electric Cars

The company aims to electric cars under the brand, but said it will provide gasoline-fuelled cars electric cars fully customer demands. It said it to start off with a gasoline-fuelled car to get going as fast as possible and previous supply chains and staff.

It said it will start its cars directly to Swedish through its website as of Dec. 10.

The sports car maker Spyker bought Saab from Motors—itself in bankruptcy protection the financial crisis—in 2010. At time, Saab sales had to around 27,000 from a of around 133,000 cars in


Reporters look at the first Nevs (National Electric Sweden) Saab 9-3 Aero at the factory in Sweden, Monday, 2, 2013. NEVS bought the of Swedish car maker SAAB and is on electric vehicles. However the car to leave the factory after it was is a gasoline fueled 220 horsepower turbo. (AP Photo/TT, Bjorn Rosvall)

GM had acquired a 50 percent stake of in 1989, and gained full in 2000.

The aircraft and defense with the same name is an entity, building fighter and weapons systems.

Saab Electric Cars
Saab Electric Cars
Saab Electric Cars
Saab Electric Cars
Saab Electric Cars
Saab Electric Cars
Saab Electric Cars

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