Mexican Media Brands
Saab Automobile Plans to Cut Workforce 36%
China's National Electric Vehicle Sweden AB says it will lay off as many as 200 of its 550 employees as it struggles to relaunch production at its Saab factory in Sweden.
#workforcedevelopment #hybrid
Share
China's National Electric Vehicle Sweden AB says it will lay off as many as 200 of its 550 employees as it struggles to relaunch production at its Saab factory in Sweden.
The company suspended low-volume production at the plant in May. In August it arranged protection from creditors as it scrambled to find funding to resume operations. The company had retained a permanent workforce to enable it to resume production quickly.
NEVS says it is in talks with two unnamed potential majority owners, but it has no binding agreement with either. A decision to resume operations, it concedes, "will take time."
The company had been producing piston-powered versions of the Saab 9-3 sedan. But its aim is to introduce an electric model based on the brand's next-generation Phoenix platform. The company revealed a prototype of the EV last month.
Phoenix EV Concept
Saab 9-3
RELATED CONTENT
-
GM Unit Stresses Driver Training in Autonomous Cars
General Motors Co.’s Cruise Automation unit says it puts backup drivers and auditors through extensive training before allowing them to participate in real-world autonomous vehicle tests.
-
Learning Electric
Like OEMs everywhere, Audi is working hard to electrify its offerings, whether this means hybridized or fully electric vehicles.
-
Ford in Talks to Buy Idle Train Station in Detroit
Ford Motor Co. is in talks to acquire Detroit’s long-vacant Michigan Central Depot, a former railroad station located less than two miles west of the city center, according to multiple media reports.