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.

Thursday, June 7, 2012

Saab sale said to be done - or not?

Early today reports in Swedish media said that the Saab bankruptcy administrators had completed their task of selling Saab Automobile. The media reports were based on a statement by Trollhättan city Annika Wennerblom:

"That's what we know right now," Trollhättan city manager Annika Wennerblom said and continued "But we do not know when they will announce the buyer. They have said that it should be done this week, but time plans in these kind of situations are always difficult."

According to Wennerblom the sale would include all of the Saab bankruptcy estate.

The bankruptcy administrators would however not confirm that the deal was done:

"If and when there is news, we will of course announce it, but there is no news to announce today," said a spokesman for the administrators to Swedish newspaper Aftonbladet.

According to sources of Swedish Radio P4 Väst, the buyer of Saab would be National Electric Vechicle Sweden.

The Chairman of NEVS, Karl-Erik Trogen, however declined to comment on the news.

And later this morning even head of information at Trollhättan municipality, Peter Asp, toned down and even dismissed the previous statement by the city manager:

"The municipal administration do not know if the deal has been concluded or not," Peter Asp told TTELA.

"I can guarantee that neither she [Annika Wennerblom], nor the mayor Paul Åkerlund, nor myself have any information that the administrators have concluded their work," Peter Asp elaborated to Swedish news agency TT.