On Wednesday, it was announced that the administrators of Saab Automobile AB had signed an agreement with National Electric Vehicle Sweden AB (NEVS), a newly formed Chinese-Sweden investment group with Japanese backing, for the sale of Saab Automobile AB.
Today we learn from the Swedish National Debt Office that the State will take over the ownership of Saab Automobile Parts AB and its global subsidiaries including the UK and North American market, with the company to operate independently from Saab Automobile AB.
In what concerns Saab Parts UK, following the bankruptcy of Saab Automobile AB in December of 2011, the company continues to provide the 88 Saab Authorised Repairers in the country with original parts, accessories and technical support.
Corin Richards, Managing Director of Saab Parts UK, commented:
“There are around 188,000 Saab cars on UK roads that we need to provide a service for and we will continue to offer customers a parts and customer care facility as well as attractively priced Saab used cars. We now also look forward to working with our parent company, Saab Automobile Parts AB, and the new owner of Saab Automobile AB on future business opportunities once the sale process is completed.”
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