Search celebrities
Jun
13
2012

Saab is finally saved? Chinese are buying remains of Saab!


Saab is finally saved? Chinese are buying remains of Saab!
Chinese and Saab



Saab is finally "saved"? It seems (for now) that way. The trustees have just announced that a consortium called National Electric Vehicle Sweden (Nevs) may buy certain parts of the bankrupt Saab Automobile.

The press release is currently available, so all we have to do is to extract details, but it seems that Nevs plans to build, to the factory in Sweden, electric and hybrid cars. About the same cars that Saab previously built is not clear. There is speculation about an electric version of the 9-3 and 9-1 based on a Japanese electric car ( Mitsubishi i-MiEV ?).

Would they want to develop the Phoenix platform also as a hybrid and /or electric vehicle to market? That means another 3 years. We know that, in any case, Saab Parts, the company responsible for the current Saab parts will not go to Chinese. The Swedish government is the owner of that company and ensures the delivery of components from existing cars.

At the head of the Chinese Nevs Swede is Johan Jiang Kai and he is assisted by Karl-Erling Trogen (former CEO of Volvo Trucks). Once there is more information we will update this article.


What is Nevs?

Nevs is the acronym that stands for National Electric Vehicle Sweden and the recently established 'business' is the (intended) to be the new owner of some remnants of the old Saab Automobile.
Behind Nevs are 2 other companies. On the one hand we have the Japanese "Sun Investment LLC" (49%), a company that exists only since last year, and on the other hand, we have National Modern Energy Holdings (51%). That company is located in the British Virgin Islands (nice dubious) and the owner of NMEH is called China Dragon Base Holdings. The CEO of this Chinese / Hong Kong company is Kai Johan Jiang (who also has Swedish nationality) and he swings the scepter at the Chinese State Power Group Co.., Ltd.. which in turn is a biofuel plant in Sweden ( NBA Sweden AB ).

It is all rather vague and Bertel Schmitt of The Truth About Cars says that, due to the use of businesses in Japan, Hong Kong and British Virgin Islands that it is actually just a 100% Chinese acquisition. Chinese companies are frequently used in Japan as a cloak to Chinese not to come in front. It also gives everyone a lot of fun that the 'Swedish' CEO, Kai Johan Jiang is born in China and grew up there. Later he had a Swedish passport, but he's also deeply implicated in Chinese politics.

How deep are the pockets of the new Chinese owners we do not know, but we can already tell that they have hundreds of millions -if not billions- to put things back on track. And we have not even talked about the time that it will cost to develop new cars.

via:autoblog.nl



Twitter 


FULL IMAGE GALLERY
Saab is finally saved? Chinese are buying remains of Saab!

 LATEST NEWS
Maserati LaMaserati, amazing concept escaped from Hell!
Do you remember supercar Ferrari LaFerrari, launched a year ago at the Geneva Motor Show, is not it? Replace Ferrari with Maserati and the result is the following study design. If Dante were...
German Surprise: Audi Q8 SUV will become reality?
German Surprise: Audi Q8 SUV will become reality?
Tuesday, 18 February 2014 12:14:05
According to the British from Autocar magazine, the famous German manufacturer will launch by the middle of this decade a very interesting electric car: Audi Q8. Why interesting? The 2015 will...
 McLaren 650S is the new supercar in brand range!
McLaren 650S is the new supercar in brand range!
Monday, 17 February 2014 13:44:56
McLaren has prepared a surprise for the Geneva Motor Show 2014: a new model called the 650S. Here now we have the first images of the formidable British supercar. McLaren 650S, the first images...
BMW 2-Series Active Tourer: Fist BMW MPV and First with front traction!
BMW continues the series of absolute premieres and today reveals its first front wheel drive car, the new 2-Series Active Tourer. The last period marked many changes in the range of Bavarians...
2014 new Mercedes S-Class Coupe is amazing!
2014 new Mercedes S-Class Coupe is amazing!
Thursday, 13 February 2014 15:42:34
The German manufacturer has already revealed all the secrets of its new S-Class Coupe that will be presented at the upcoming Geneva Motor Show. This new Mercedes S-Class Coupe, reminiscent...
Volkswagen Taigun SUV, new brother for Tiguan and Touareg
Volkswagen is showing signs that it wants a new model in its SUV range, together with Tiguan and Touareg. Consequently, they are likely to receive a smaller brother, because the VW Taigun...
Celebs and Cars: Maria Sharapova and her unique Porsche Panamera GTS!
If a Porsche supercar does not seem sufficiently exclusive, Germans have Porsche Executive program that means that the car can be customized at will. It is how tennis player Maria Sharapova did. ...
This innocent dog started to eat an Aston Martin worth Euro 100,000!
A man from Grat Britain was forced to give up for adoption his dog after the dog has chewed...literally... his luxury bolide, an Aston Martin worth about $ 100,000. Not in the worst nightmares...
BMW 4-Series Gran Coupe just entered into new series family!
The first official photos of the new BMW 4-Series Gran Coupe arrived today on the Internet, with more than a month ahead of its public debut at the Geneva Motor Show. Designed to compete...
Alain Menu Return to British Touring Car Championship with BMR
Alain Menu, two-time British Touring Car Champion, has formally returned this year, with team BMR. Menu was behind the wheels of a Volkswagen CC in his first year of participation back in...