IMPORTANT NEWS: National Electric Vehicle Sweden has agreed to buy the assets of Saab Automobile and the sale is expected to be finalized during the summer.

Wednesday, May 2, 2012

Two preferred bidders to be chosen shortly

In an interview with Swedish TV, SVT, Pang Qingnian of Youngman said last weekend that the Saab bankruptcy administrators will decide on two preferred bidders within two weeks and then enter into negotiations with these two bidders. Earlier the administrators have said that the goal is to have a deal before summer.

To SVD Pang Qingnian confirmed that Youngman wants to acquire the complete bankruptcy estate and that all former employees are welcome back to Saab.

In other words, hang in there folks, looks like a decision will be reached shortly!