Car Enthusiast - click here to access the home page


It's official - NEVS buys Saab. Image by Saab.

It's official - NEVS buys Saab
No more turbos as Saab's future becomes electric.
<< earlier Saab article  


News homepage -> Saab news

It's been a long time coming - having been in administration since the end of 2011 - but Saab has once again found a buyer. After attracting numerous bids from around the world, including Chinese maker Youngman and Indian manufacturer Mahindra, the new buyer has officially been revealed as National Electric Vehicle Sweden (NEVS).

The firm, a Chinese, Swedish and Japanese consortium, plans to make all-electric vehicles at Saab's Trollhättan plant. However, it's not yet clear whether they will bear the Saab name, as it's still owned by Scania and Saab's defence division. One thing is for sure, we'll never see any more 9-5s or 9-4Xs built with a Saab badge. as NEVS has elected to only purchase the IP to the current 9-3.

It's expected that this will be adapted for full electrification and in 2014 be sold primarily in China. However, an all-new model will be developed in parallel, thought to be based on the Saab Phoenix platform, with global sales planned after an initial introduction to China - projected to be the biggest and most important EV market.

The deal doesn't include Saab Parts AB, though it's thought that there will be an option for NEVS to conclude a deal within three years if it wishes to do so. Current Saab owners needn't worry though, as the Swedish National Debt office intends to take over the department and continue to grow the business. Saab Parts UK has announced that its 88 authorised repairers will continue to offer genuine Saab parts, accessories and technical support.

Graeme Lambert - 15 Jun 2012

2011 Saab 9-3. Image by Saab.2011 Saab 9-3. Image by Headlineauto.2011 Saab 9-3. Image by Headlineauto.2011 Saab 9-3. Image by Saab.2011 Saab 9-3. Image by Saab.

2011 Saab 9-3. Image by Saab.2011 Saab 9-3. Image by Saab.2011 Saab 9-3. Image by Saab.2011 Saab 9-3. Image by Saab.2011 Saab 9-3. Image by Saab.    - Saab road tests
- Saab news
- images

Final batch of Saab 9-3 Convertibles. Image by Saab.
Final Saab cabrios
Twenty six cars offered in total including seven Independence Edition models.
Saab not buried yet. Image by Saab.
Saab to rise again?
Chinese hoping to bring Saab back from the dead.
Saab sells its heritage. Image by Graeme Lambert.
Saab to sell museum cars
As administrators tackle Saab's debts, the firm's historic museum pieces are sold off.

 215 Racing
 A. Kahn Design
 AC Cars
 AC Schnitzer
 Alfa Romeo
 APS Sportec
 Aston Martin
 Auto Union
 Cooper Tires
 David Brown
 David Brown Automotive
 De Tomaso
 Detroit Electric
 Eagle E-type
 edo competition
 FAB Design

 Factory Five
 Faralli & Mazzanti
 General Motors
 Gordon Murray
 Gordon Murray Automotive
 Gordon Murray Design
 Gray Design
 Great Wall
 Heffner Performance
 Joss Developments
 Land Rover
 Loma Performance
 Monte Carlo
 Nichols Cars

 Project Runningblade
 Project Velocity
 Range Rover
 Red Bull
 Ronn Motor Company
 SDR Sportscars
 The Little Car Company
 Thunder Power
 Tommy Kaira
 Vanda Electrics
 VL Automotive


External links:   | Irish Car Market News |

Internal links:   | Home | Privacy | Contact us | Archives | Old motor show reports | Follow Car Enthusiast on Twitter | Copyright 1999-2024 ©