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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
First prospective buyer was Swedish supercar manufacturer Koenigsegg. When these talks failed Dutch sports car maker Spyker Cars succeeded. Spyker bought Saab Automobile from GM in 2010 forming Swedish Automobile. The deal ended in bankruptcy less than two years later. [15] 2014 NEVS Saab 9-3
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 ...
EV maker Nikola Corporation filed for Chapter 11 bankruptcy protection on Wednesday after the embattled company faced “significant" macroeconomic challenges.
Under the reorganization process, termed a 363 sale (for Section 363 which is located in Title 11, Chapter 3, Subchapter IV of the United States Code, a part of the Bankruptcy Code), the purchaser of the assets of a company in bankruptcy proceedings is able to obtain approval for the purchase from the court prior to the submission of a re ...
The Swedish automaker said it now aims for between 90% and 100% of its car sales to be fully electric or plug-in hybrid models by 2030. The company now says that up to 10% of its sales will ...
Fisker recalled 6864 Ocean SUVs earlier this month, days before filing for Chapter 11 bankruptcy protection late Monday. The recall concerns a loss of drive power in the Motor Control Unit which ...