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Saab finds a buyer

Bankrupt automaker Saab has found a buyer. But instead of picking up where the Swedish firm left off, the buyer plans to use Saab's resources for the production of electric cars. The new owners of Saab, a Chinese-Swedish investment group with Japanese backing called National Electric Vehicle Sweden AB (NEVS), did not release details on how much it paid for Saab or how much it planned to invest in the company.

Saab: Turkey’s Brightwell Holdings & China’s Youngman vie for Saab

Will Saab end up in Turkish or Chinese hands? Despite its bankruptcy, it seems China’s Youngman and Turkish equity form Brightwell Holdings ar planning on staging a bid. Saab may be bankrupt – and its car heritage from the Saab Museum up for sale – but that hasn’t stopped interest in Saab as a viable car maker from prospective suitors.

Saab Museum reopens & Saab back in production – sort of

Saabs are being built and the Saab Museum re-opens. The Saab Museum has reopened after Saab’s bankruptcy problems and a Trollhatten dealer is to ‘build’ the last 100 Saabs. We’re still waiting for a decision from Saab’s administrators about which – if any – of the bids they’ve received for what’s left of Saab are solid enough to pursue.