saab forums   saab forums

» Site Navigation
 > FAQ
» Welcome to The #1 Saab Forum
Welcome to - a website and live community dedicated to everything and anything regarding Saab cars and SUVs. Thank you for stopping by! Please take a moment to register and setup a free account in order to take full advantage of all the features available.

Saab Forums - Our Saab Forum community with thousands of discussion topics.
Saab Forum Active Topics - Topics that are currently being discussed in the forums.
NEVS announces 200 layoffs as it says Saab restart will 'take time'
Sep 26, 2014 - 7:29 PM - by Saab Forums
Filed under: Sedan ([url][/url]), Europe ([url][/url]), Hirings/Firings/Layoffs ([url][/url]), Plants/Manufacturing ([url][/url]), Saab ([url][/url]), Electric ([url][/url])


For a fleeting moment a few weeks ago, the news from Saab ([url][/url] National Electric Vehicle Sweden ([url][/url]) appeared almost positive. The company had its reorganization plan approved ([url][/url]) (a day after it was denied ([url][/url])), and the automaker was actually showing a real, running vehicle ([url][/url]), albeit one with a top speed of 75 miles per hour. But those tiny crumbs of potential goodness have been swept away because NEVS has announced layoffs of as many as 200 factory employees in September "due to lack of work."

Workers probably shouldn't get too eager to return to the factory either, because company's "decision to re-start production will be further delayed" by an unspecified amount of time, NEVS says in a press release. To begin assembling cars again, the company needs to find long-term funding and a new majority owner. Those seem like two very steep hurdles for the embattled automaker to clear.

Despite not producing cars since May, NEVS still claims it's negotiating with a new owner, possibly Mahindra ([url][/url]), but according to Reuters, the Swedish company owes about 400 million kronor ($56 million) to creditors ([url][/url]). According to its layoff announcement, getting rid of these workers is one step in the business' reorganization plan to be presented on October 8. Scroll down ([url][/url]) to read its full release.Continue reading NEVS announces 200 layoffs as it says Saab restart will 'take time' ([url][/url])

NEVS announces 200 layoffs as it says Saab restart will... [Read More]
0 Replies | 261 Views
» November 2014
262728293031 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 123456
» Stats
Members: 3,609
Threads: 2,294
Posts: 3,357
Top Poster: Saab Forums (434)
Welcome to our newest member, aadamasitty4202
Powered by vBadvanced CMPS v3.2.2

All times are GMT. The time now is 07:50 PM.

Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2014, vBulletin Solutions, Inc. recognizes that "Saab", it's logos and various model names and numbers are registered trademarks of the General Motors Corporation. These terms are used for identification purposes only. is not affiliated in any way with the General Motors Corporation, Saab or any other company listed herein. All information on this site is the opinion of its members and not the opinion of the site itself. 2012 Madison Ross Media Group. All rights reserved. Content published on requires permission for reprint.
Need products for your Saab? Check out your options at the links below:

No special deals available at this time...