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Saab (NEVS) loses right to use Saab name – NEVS gets creditor protection
Mon, 01 Sep 2014Saab (NEVS) loses right to use Saab name – NEVS gets creditor protection Just a few weeks ago we reported that Saab and its new owner National Electric Vehicles Sweden (NEVS) were once again up against it with an unpaid supplier filing for bankruptcy. Since the, Saab has been thrown a lifeline by the Swedish courts, and a big kick in the teeth by Saab AB. NEVS right to use the Saab name (although not the Griffin logo) was granted by the owners – the defence firm Saab AB – but in light of NEVS financial predicament that right has been withdrawn.
Audi RS6 Avant (2007) unveiled
Wed, 05 Sep 2007By Ben Pulman First Official Pictures 05 September 2007 10:00 Right, I want numbers Impatient? Well we are too, having snapped the RS6 Avant testing at the Nurburgring earlier this year, and knowing how good the RS4 is. So, without further ado… The headline figure is 571bhp.
MG name stands proud again at Longbridge
Wed, 21 Jan 2009The company that runs the remnants of former UK automaker MG Rover has dropped a reference to its Chinese parent from its name. NAC MG UK has changed its name to MG Motor UK to emphasize the MG name, a company spokesman said. Nanjing Automobile Company or NAC bought MG Rover's assets in July 2005, three months after the UK's last domestically owned volume carmaker collapsed through financial difficulties.