2006 Saab 93. Aero Edition. Navigation-turbo-runs Amazing. on 2040-cars

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Saab's latest Chinese owners facing their own credit woes

Poor Saab, it can't seem to get a break. General Motors couldn't seem to make a go of it, neither could Spyker, and now it seems that its latest owner is encountering some problems of its own.
That owner, of course, is National Electric Vehicle Sweden, a Swedish holding company owned by Chinese investors. NEVS recently restarted production at the Saab plant in Trollhättan, Sweden, and had some ambitious plans for the brand's revival, but it appears to have run out of cash.
This according to a report in The Wall Street Journal, which discovered that NEVS is having trouble paying its suppliers. One such supplier, called Labo Test, has reportedly been owed some $22,000 by NEVS since February, and without payment, petitioned the Swedish government to place NEVS into bankruptcy proceedings. If that seems a little extreme to you over twenty-two grand, it would seem the parties agree, as the petition has reportedly since been withdrawn.

NEVS, Dongfeng ready to make more green cars

National Electric Vehicle Sweden AB (NEVS), the owner of the sorta-still-there Saab automobile brand, has reached a deal with Dongfeng Motor Corp. in which the China-based automaker will help NEVS develop greener vehicles. NEVS and Dongfeng have been working together since July, though the agreement was officially announced Monday. The companies say the agreement relates to so-called "new-energy" vehicles, though neither details of what those new energy vehicles will be nor financial terms were disclosed. But there's long been talk about Saab working on electrified vehicles, so this appears to be a move in the right direction. NEVS has picked a large company as its development partner. As part of the agreement, Dongfeng will speed up the development of advanced powertrains at its plant in Tiajin, China. In return, NEVS will help Dongfeng get distribution in both North America and Europe while helping the Chinese automaker sort through the matrix of developing vehicles that meet regulatory standards in those two regions, which is no easy task. Dongfeng made more than 3.8 million vehicles last year, and has done business with Peugeot, Citroen, Renault, Nissan, Honda, and Kia. Last we reported, NEVS was in the process of reorganization this past winter, and it's unclear how that will impact the relationship with Dongfeng. Also unclear is the status of the Saab brand name. The Saab AB aerospace company is no longer affiliated with the automaker and disputes NEVS using its name, but the NEVS website still highlights the Saab automotive brand. NEVS bought Saab out of bankruptcy in 2012. The latest NEVS press release is available below. Related Video: Nevs and Dongfeng tie-up for long-term strategic cooperation National Electric Vehicle Sweden AB (Nevs) and Dongfeng Motor Corporation (Dongfeng) signed a strategic cooperation agreement on August 17, 2015 to achieve global industrial synergies. Since July 2015, Nevs has started working with Dongfeng on complete vehicle development projects to enhance Dongfeng's technical strength and improve Nevs' own development capability. Now both parties have agreed to expand their cooperation from technical development to further business areas such as global purchasing and distribution network. Dongfeng has formed several strategic long term partnerships with other international major car manufacturers including AB Volvo and as a 14 percent shareholder of PSA.

Motorweek looks back at 1983 Saab 900S

These days, Saab is a zombie marque. Technically, the brand is still shambling around under the ownership of National Electric Vehicle Sweden, and there are continued promises of an electric version of the 9-3. However, we all suspect that the company is never really coming back, at least not as the quirky Swedish brand of the past. That's what makes watching this latest Retro Review of John Davis and the Motorweek crew driving a non-turbo 1983 Saab 900S so special. This is a great chance to see Saab still alive and kicking. While not one of the more famous turbocharged examples, the naturally aspirated 900S is still a quintessential Saab in every other way. The reviewers definitely aren't sold on the looks though, and there are plenty of jokes at its expense. Although, only paying attention to the polarizing exterior styling makes missing the good handling and immense interior utility easy. Sadly, without the aid of forced induction, the 900 offers very lackadaisical acceleration. According to this clip, the sprint to 60 miles per hour is more of jog in a leisurely 12.2 seconds. At the brand's best, Saab provided the motoring world with an alternative. If you didn't want just another boxy sedan, the brand offered something like nothing else on the road. Plus, drivers found a well-tuned turbocharged engine that provided good performance for the day. It's a company worth remembering, despite the current state of things.