Tag Archives: to secure brand’s future

Saab’s owner seeks partner to secure brand’s future

Saab’s owner, National Electric Vehicle Sweden (NEVS), says it is in discussions with potential partners as it seeks to restart car production and develop future models.

NEVS was forced to stop production at Saab’s factory in Sweden in May due to a shortage of cash to pay suppliers. NEVS last week denied that Saab is facing insolvency after a supplier filed a bankruptcy petition.