Saab to become Electric Vehicle Mfr.

[JSpira]

I don´t think anyone saw this coming....

Saab to Live On as Electric Vehicle Manufacturer

Saab Automobile, which filed for liquidation last December, was sold to a group of Chinese, Japanese, and Swedish investors earlier this week. The new owners, which had formed National Electric Vehicle Sweden to acquire the company, will turn Saab into an electric-vehicle manufacturer.

The sale of Saab, which is based in Trollhätten, was announced in a statement by Saab’s bankruptcy administrators, Anne-Marie Pouteaux and Hans L. Bergqvist. The terms of the transaction were not disclosed...

Read the full story »

[MikeyV]

What the article doesn't say is they don't get to continue manufacture of the 9-5 and 9-4, the next problem they have is the brand, Saab Auto don't own the Saab brand Saab AB (the airplane manufacturer) and with Scania (heavy truck manufacturer) do, Saab AB have stated they will not allow the new company to use the Saab brand if production and R&D move out of Sweden.

[JSpira]

Originally Posted by MikeyV

What the article doesn't say is they don't get to continue manufacture of the 9-5 and 9-4, the next problem they have is the brand, Saab Auto don't own the Saab brand Saab AB (the airplane manufacturer) and with Scania (heavy truck manufacturer) do, Saab AB have stated they will not allow the new company to use the Saab brand if production and R&D move out of Sweden.

I was familiar with the ownership issue but at least, unlike when VW "acquired" RR and Bentley, the buyers know the status of the TM.

Thanks for filling in some of the gaps.

[Year's_End]

Jesus, kill this brand off already. Turning them into EVs only increases my dislike of them.