Auto Talk: Saab to hire 200 engineers, might build gas cars with Mahindra

The brand formerly known as Saab is still intent on teaching The Little Engine That Could a few ticks about persistence. We say “formerly known” because it turns out that National Electric Vehicle Swedent (NEVS), the Sino-Japanese investment consortium that just bought the majority of Saab’s assets, minus Saab Automobile Parts AB, may not actually own the rights to the Saab brand name. According to a report in Di.se via Saabs United, NEVS will need to negotiate with Scania and the Swedish aerospace and defense group, Saab AB, for the right to name its forthcoming electric car the Saab 9-3. Funk Flex


Auto Talk: Saab Lives! Sold to Chinese-Japanese consortium NEVS

Despite all odds, Saab will soldier on. The Detroit News reports National Electric Vehicle Sweden AB has agreed to purchase a majority of the bankrupt automaker. The consortium is owned by Hong Kong-based National Modern Energy Holdings Ltd. and the Japanese investment group Sun Investment LLC, and that the two created NEVS just to purchase Saab. The group is currently led by a former Volvo Trucks executive. The purchase takes over the $1.9 billion in Saab debt. Both the bankruptcy administrators and NEVS agreed not to disclose the sale price for the company. Funk Flex


Auto Talk: Muller looking to reboot Spyker

Victor Muller’s on-again, off-again love affair with Spyker seems to be back on track. During the executive’s fling with Saab, Spyker was up for sale to the highest bidder. No one stepped forward to take the exotic Dutch luxury manufacturer off of Muller’s hands, which has apparently turned out to be a blessing in disguise. Now that Saab has collapsed into bankruptcy, Muller has renamed Swedish Automobile Spyker once again. With the goal of running an international car company all but faded, Muller is expected to return his attention to building up Spyker. Funk Flex


Auto Talk: Volvo Bidding For (Parts Of) Saab

Volvo is reportedly interesting in getting out its checkbook in search of a production parts bargain over at Saab. No, the 9-5 likely won’t be wearing a Volvo badge any time soon, but the tooling that helped build parts for the big sedan could one day be in a Volvo factory. Funk Flex Find Flex On Google+


Auto Talk: Saab to start producing cars again

Sort of. Saabs United reports that the automaker has announced some of its employees will return to complete the vehicles still standing unfinished on the production line. All told, only around 100 units are likely to be produced and then sold off before the brand goes dark for good. Funk Flex


Auto Talk: Saab USA still looking for ways to honor warranties

As previously reported, Saab has announced that it is ceasing all warranty coverage on its vehicles in North America in the wake of its official bankruptcy in its home country of Sweden. That’s bad news for anyone who’s purchased a vehicle from Saab here in the States expecting to receive a few years of warranty coverage, but Saab Cars USA CEO Tim Colbeck is hoping to offer a solution. Funk Flex


Auto Talk: Saab North America Hires Administrator But Won’t File Bankruptcy

Saab has filed for bankruptcy in Sweden, which is likely to be a death knell for the storied automaker. But just because headquarters has filed doesn’t mean that Saab North America will follow suit. Funk Flex Find Flex On Google+


Auto Talk: Saab suspends all warranty coverage, cars to be sold as-is

According to a leaked memo to Saab dealers obtained by Autoblog, the bankrupt automaker is ceasing all warranty coverage on its vehicles in North America. Funk Flex


Auto Talk: Saab Suspends Warranty Coverage On North American Vehicles

Saab has suspended warranty coverage on all of its vehicles in North America. Additionally, new vehicles must be sold “as is.” Click below to read the rest of the story. Funk Flex Find Flex On Google+


Auto Talk: GM Turns Down Newest Saab Proposals As Hope Dims

A court hearing on Monday, December 19 will decide whether Saab remains shielded from creditor claims. If the judge decides to end the reorganization and make Saab face its investors, then Victor Muller and Co. will have a week or so to find an astronomical sum of cash if they want to keep the company operating. Funk Flex Find Flex On Google+


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