Recently Restarted Saab Stops Production over Financial Woes

After resuming very low volume production of the 9-3 earlier this year, Volvo’s Saab's new owners called National Electric Vehicle Sweden (or NEVS) have announced they are ceasing building it due to money troubles. Apparently, there’s an outstanding debt they need to pay and there’s no cash in the bank to pay it; the maximum production figure they reached in this short time span was six cars per day. Read more »