Tag Archives: Qingbo Investment

Saab-Nevs to seek extension of bankruptcy protection

The owners of struggling NEVS will seek an extension of bankruptcy protection that expires at the weekend, a spokesman said Friday. The Chinese-backed consortium, National Electric Vehicle Sweden (NEVS), took over the ailing carmaker in 2012. NEVS planned Monday to ask for an extension of the reorganization that began at the end of August, spokesman Mikael
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