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Saab Automobile was sold to Spyker Cars N.V. in 2010 after a deal between Spyker and then-current owner General Motors.After struggling to avoid insolvency throughout 2011, the company petitioned for bankruptcy following the failure of a Chinese consortium to complete a purchase of the company; the purchase had been blocked by former owner GM, which opposed the transfer of technology and ...
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Company Owner Notes Koenigsegg (1994–present) [1]Lynk & Co (2016–present): Geely: Collaboration between Volvo Cars and its parent company Geely: Polestar (2017–present): Geely through Volvo Cars in 2015
Electric truck maker Volta Trucks files for bankruptcy in Sweden. October 17, 2023 at 3:19 AM. LONDON (Reuters) - Electric truck maker Volta Trucks said on Tuesday it has decided to file for ...
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The automotive industry crisis of 2008–10 has had a great impact on the formerly Swedish owned automobile makers. In 2009 Ford sold Volvo Cars to Chinese Zhejiang Geely Holding Group. Volvo Cars is the first western automotive manufacturer owned by a Chinese company. [14]
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NEVS AB (an abbreviated form of "National Electric Vehicle Sweden") was a Swedish electric car manufacturer which acquired the assets of Saab Automobile from a bankruptcy estate in 2012. [1] After facing numerous financial difficulties, the company resigned most of its employees in March 2023, with both Polestar and EV Electra interested in ...