The Locksmith Journal Jan-Feb 2014 - Issue 30 | Page 64

AUTOLOCKSMITHING SPONSORED BY KEYPRINT Saab car brand restarts production in Sweden under new ownership Two and a half years after Saab shut down production, a new sedan recently rolled off its assembly lines in Sweden. National Electric Vehicle Sweden, the Hong Kong-based company which bought the brand out of bankruptcy in September last year, presented its new 9-3 Aero Sedan as the first in a new series it will produce. The first 200 cars will be delivered this Spring and cost 279,000 kronor (£26,000). Next year will also see a 9-3 wagon, followed by convertible and electric models. Saab ceased production in April 2011, after six decades of building cars, and filed as its earlier Dutch owner, Spyker 64 THE JAN/FEB 2014 ISSUE SPONSORED BY ASSA ABLOY Security Solutions Cars, battled with financing. It filed for bankruptcy in December the same year, dealing a huge blow to the town of Trollhattan in south-west Sweden and its 3,000 employees. NEVS now employs around 600 people, including many former Saab employees, and acting President Mattias Bergman said he felt “incredibly happy, proud and humble” that the company has been able to restart production. Starting on a small scale production will be based on order intake. The company