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SWEDEN: NEVS administration exit opens deal door: FKG chief

17 April 2015 | Simon Warburton

SWEDEN: NEVS administration exit opens deal door: FKG chief Simon Warburton Scandinavian automotive supplier body, FKG says its members are optimistic following news of National Electric Vehicle Swed... read more


SWEDEN: "Nine lives" NEVS at 8.9: FKG MD

11 December 2014 | Simon Warburton

SWEDEN: "Nine lives" NEVS at 8.9: FKG MD Simon Warburton Scandinavian automotive supplier body, FKG, says National Electric Vehicle Sweden (NEVS) is at 8.9 out of nine lives as news today (11 De... read more


SWEDEN: New NEVS reorganisation approved to "get things in order"

11 December 2014 | Simon Warburton

SWEDEN: New NEVS reorganisation approved to "get things in order" Simon Warburton National Electric Vehicle Sweden (NEVS) says it has until 2 March to "get things in order" as it secures a latest app... read more


SWEDEN: Court to rule on NEVS extension request this week

9 December 2014 | Simon Warburton

SWEDEN: Court to rule on NEVS extension request this week Simon Warburton A decision regarding National Electric Vehicle Sweden's (NEVS) application for a three-month extension to its reorganisation,... read more


SWEDEN: New NEVS application as Mahindra rumours swirl

2 December 2014 | Simon Warburton

SWEDEN: New NEVS application as Mahindra rumours swirl Simon Warburton National Electric Vehicle Sweden (NEVS) says it has applied for a three month extension to its reorganisation amid speculation I... read more


SWEDEN: NEVS trims monthly budget to just US$4.8m

10 October 2014 | Simon Warburton

SWEDEN: NEVS trims monthly budget to just US$4.8m Simon Warburton National Electric Vehicle Sweden (NEVS) says it has slashed its monthly operating budget from SEK200m (US$27.7m) to just SEK35m, as i... read more


SWEDEN [13:15BST update]: Court approves NEVS reorganisation application

29 August 2014 | Graeme Roberts

SWEDEN [13:15BST update]: Court approves NEVS reorganisation application Graeme Roberts The District court of Vänersborg, Sweden, on Friday (29 August) approved the application for reorganisati... read more


SWEDEN: NEVS production staff at home as supplier woes continue

12 August 2014 | Simon Warburton

SWEDEN: NEVS production staff at home as supplier woes continue Simon Warburton National Electric Vehicle Sweden says 250 production employees are at home following further struggles with short-term ... read more


SWEDEN: "Reptile quick" yes reply to NEVS June salary payments

20 June 2014 | Simon Warburton

SWEDEN: "Reptile quick" yes reply to NEVS June salary payments Simon Warburton Scandinavian automotive supplier association, FKG, says it received a "reptile quick" affirmative response whether or no... read more


COMMENT: 'New Saab summer' sees suppliers fire warning shot

19 June 2014 | Simon Warburton

COMMENT: 'New Saab summer' sees suppliers fire warning shot Simon Warburton It's all starting to sound eerily reminiscent of two and a half years ago up in the stretches of northern Europe. An aut... read more


SWEDEN: Enforcement authority receives US$3.45m NEVS bills applications

19 June 2014 | Simon Warburton

SWEDEN: Enforcement authority receives US$3.45m NEVS bills applications Simon Warburton Stockholm enforcement authority, Kronofogden, says it has received 30 applications totalling US$3.45m for unpai... read more


SWEDEN: Cash crisis sees NEVS only partially pay suppliers

17 June 2014 | Simon Warburton

SWEDEN: Cash crisis sees NEVS only partially pay suppliers Simon Warburton Troubled Swedish automaker, NEVS, says it is paying some of its suppliers but not all, as unions gather in Stockholm to disc... read more


SWEDEN: Mahindra & Mahindra silent on NEVS speculation

16 June 2014 | Simon Warburton

SWEDEN: Mahindra & Mahindra silent on NEVS speculation Simon Warburton Indian manufacturer, Mahindra & Mahindra, is declining to comment on speculation it may be mulling buying a stake in troub... read more


INDIA: M&M again in running for Saab stake?

16 June 2014 | Graeme Roberts

INDIA: M&M again in running for Saab stake? Graeme Roberts Mahindra & Mahindra, India's largest utility vehicle and tractor maker, reportedly is again in the race to acquire a stake in Saab Cars.... read more


COMMENT: Saab purchase underwhelms Swedes

14 June 2012 | Simon Warburton

COMMENT: Saab purchase underwhelms Swedes Simon Warburton It's no exaggeration to say those in the know have not exactly been overwhelmed by the news Saab is to be bought by the National Electric Veh... read more


SWEDEN: FKG chief doubts Saab bid decision by 31 May

30 May 2012 | Simon Warburton

SWEDEN: FKG chief doubts Saab bid decision by 31 May Simon Warburton Scandinavian automotive supplier body, FKG, is casting doubt any firm decision will be taken this Friday (31 May) concerning a pot... read more


SWEDEN: Saab AB flexes brand muscles ahead of potential imminent receiver decision

29 May 2012 | Simon Warburton

SWEDEN: Saab AB flexes brand muscles ahead of potential imminent receiver decision Simon Warburton Defence and security company, Saab AB, is cautioning it still has the power to block the transfer of... read more


SWEDEN: Saab consortium moves towards pole position as Youngman thought to pull out

23 May 2012 | Simon Warburton

SWEDEN: Saab consortium moves towards pole position as Youngman thought to pull out Simon Warburton Reliable sources in Sweden are strongly indicating to just-auto a Chinese/Japanese consortium is ... read more


SWEDEN: IF Metall Trollhattan jobless rate powers to 40% as Saab waits

4 May 2012 | Simon Warburton

SWEDEN: IF Metall Trollhattan jobless rate powers to 40% as Saab waits Simon Warburton Unemployment among main Saab union, IF Metall members, has soared to 40% in the automaker's home-town of Trollha... read more


SWEDEN: MPs to examine ministry as Antonov Saab question refuses to disappear

12 April 2012 | Simon Warburton

SWEDEN: MPs to examine ministry as Antonov Saab question refuses to disappear Simon Warburton Former Swedish Enterprise Minister, Maud Olofsson, is to appear before a hearing of the country's Constit... read more


SWEDEN: Three Saab bids submitted but staff still owed money

11 April 2012 | Simon Warburton

SWEDEN: Three Saab bids submitted but staff still owed money Simon Warburton Three final bids for bankrupt Saab were submitted last night (10 April) to its Gothenburg receivers, with union sources m... read more


BELGIUM: Ex-CLEPA chief fires parting Saab shot at Swedish government

3 April 2012 | Simon Warburton

BELGIUM: Ex-CLEPA chief fires parting Saab shot at Swedish government Simon Warburton Newly-retired CLEPA CEO, Lars Holmqvist, has delivered a stinging criticism of the Swedish government, maintainin... read more


SWEDEN: Government "heavily involved" in Asian Saab electric discussions: source

30 March 2012 | Simon Warburton

SWEDEN: Government "heavily involved" in Asian Saab electric discussions: source Simon Warburton Reliable sources in Sweden claim the government is "heavily involved" in Asian consortium discussions ... read more


EXCLUSIVE: SWEDEN: New Saab bidder to focus on electric future

26 March 2012 | Simon Warburton

EXCLUSIVE: SWEDEN: New Saab bidder to focus on electric future Simon Warburton Yet another potential investor is jockeying to take over Saab and is believed to be looking to steer the bankrupt automa... read more


SWEDEN: Trollhattan mayor estimates need for 1,500 staff if Saab restarts

21 March 2012 | Simon Warburton

SWEDEN: Trollhattan mayor estimates need for 1,500 staff if Saab restarts Simon Warburton Senior regional politicians closely aligned to the rescue attempt for Saab say any restart could see around 1... read more


EXCLUSIVE: SWEDEN: Saab town mayor optimistic over foreign rescue

21 March 2012 | Simon Warburton

EXCLUSIVE: SWEDEN: Saab town mayor optimistic over foreign rescue Simon Warburton Trollhattan's mayor strongly believes either China's Youngman or India's Mahindra & Mahindra will rescue bankrupt... read more


BELGIUM: Youngman only "sensible" Saab solution: CLEPA CEO

29 February 2012 | Simon Warburton

BELGIUM: Youngman only "sensible" Saab solution: CLEPA CEO Simon Warburton Europe's automotive supplier body, CLEPA, believes Chinese manufacturer, Youngman, is the only "sensible" solution for any r... read more


US: GM fights back as bitter Brightwell exits Saab field

29 February 2012 | Simon Warburton

US: GM fights back as bitter Brightwell exits Saab field Simon Warburton General Motors has issued a robust defence of its position following yesterday's (28 February) news that Turkish private equit... read more


SWEDEN: Debt office aware of reports Brightwell ditching Saab bid

28 February 2012 | Simon Warburton

SWEDEN: Debt office aware of reports Brightwell ditching Saab bid Simon Warburton Sweden's National Debt Office (SNDO) says it is aware of reports circulating that Turkish private equity company, Bri... read more


SWEDEN: Volvo still circling Saab tooling as receivers plan update

27 February 2012 | Simon Warburton

SWEDEN: Volvo still circling Saab tooling as receivers plan update Simon Warburton Further details are expected to emerge tomorrow (28 February) from Saab's receivers concerning potential purchasers ... read more


SWEDEN: Saab receivers could make bid decision by month-end

13 February 2012 | Simon Warburton

SWEDEN: Saab receivers could make bid decision by month-end Simon Warburton Sources in Sweden indicate receivers handling bids for bankrupt Saab will make a decision on any likely winner by the end o... read more


SWEDEN: Not one person helping Saab blue-collar workers obtain records: union

9 February 2012 | Simon Warburton

SWEDEN: Not one person helping Saab blue-collar workers obtain records: union Simon Warburton Saab union officials are expressing frustration at what they claim is a complete lack of receiver manpowe... read more


SWEDEN: Volvo identifies Saab machinery as "interesting"

8 February 2012 | Simon Warburton

SWEDEN: Volvo identifies Saab machinery as "interesting" Simon Warburton Volvo says it has identified machinery and test equipment at Saab that could prove "interesting" , although any purchase is de... read more


INDIA: Mahindra & Mahindra readying Saab bid - paper

7 February 2012 | Graeme Roberts

INDIA: Mahindra & Mahindra readying Saab bid - paper Graeme Roberts Mahindra & Mahindra, one of four companies interested in Saab Automobiles, has signed a confidentiality agreement with the bank... read more


BELGIUM: CLEPA cautions Saab receivers not to sell assets to pay huge lawyer army

3 February 2012 | Simon Warburton

BELGIUM: CLEPA cautions Saab receivers not to sell assets to pay huge lawyer army Simon Warburton Europe's automotive supplier body CLEPA, is urging Saab receivers not to sell off the bankrupt automa... read more


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