Saab finally sold!

It appears that the Saab sales story just ended as a Chinese-controlled consortium finally completed a deal to buy the bankrupt Swedish carmaker. National Electric Vehicle Sweden (NEVS) is the name of the buyer that will pay $210–250 million for Saab.
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pepito66 - 6/8/2012 9:19:43 AM

0 Boost

Thanks God at least is a Sweden Company so work now ....

vdiv - 6/8/2012 10:00:32 AM

+1 Boost

It does say Chinese-controlled consortium.

It also says National ELECTRIC VEHICLE Sweden, but the main investor ,National Modern Energy Holdings is based in the British Virgin Islands, and the other investor, Sun Investments is Japanese?!

http://www.saabsunited.com/2012/06/ttela-no-ndrc-approval-needed.html

I'd love to see a SAAB EV convertible.