Nov 29 The new owners of Swedish car maker Saab,
National Electric Vehicle Sweden AB, will restart production of
the 9-3 sedan on Monday at the Trollhattan factory in Sweden, a
NEVS spokesman said on Friday.
The 9-3 sedan will be powered by a turbocharged gasoline
engine and built in "small and humble numbers" for China and
Sweden, NEVS spokesman Mikael Ostlund said.
The move comes almost two years after Saab, which had made
cars since 1947, filed for bankruptcy at the end of 2011. Saab
was previously owned by General Motors Co, which sold it
to Dutch sports car group Spyker in 2010.
NEVS, which is 22 percent owned by the Chinese city of
Qingdao through the city's investment company, bought most of
the assets of Saab last year. Ostlund reiterated that an
electric 9-3 sedan is expected to launch in China next year.
Since NEVS acquired the assets, it has reached new
agreements with the 400 suppliers for the 9-3, Ostlund said.
The vehicle that will begin production Monday will look
similar to the last 9-3s that rolled off the line in Trollhattan
in 2011. But Ostlund said NEVS may revamp the 9-3 when it is
launched as an electric sedan next year in China.
About 600 people work at Saab's assembly plant in
Trollhatten now, Ostlund said. The plant's workforce was around
3,500 at the time of Saab's bankruptcy, he added.