Stockholm (dpa) – The Chinese-backed consortium which owns Saab – the Swedish carmaker that became insolvent three years ago – said on Wednesday it was to lay off a third of the workforce over further delays in restarting production.
National Electric Vehicle Sweden (NEVS) took over the ailing carmaker in 2012.
In all, 200 employees are affected by the decision to slash the workforce at the plant in Trollhattan, south-western Sweden.
Production was halted there in May, but NEVS had kept on the employees pending the outcome of talks with foreign carmakers.
Talks were still “ongoing” but no agreements have been reached, NEVS said on Wednesday, adding that it would “take time” to restart production.
One of the foreign carmakers was said to be interested in part ownership of NEVS, while the another was considering future cooperation.
NEVS said it also needed to cut costs as part of an ongoing reorganisation of its business.