Scania vetoes Saab sale

Jay Nagley

This saga is going on longer than the Wallander TV series. Scania, the Swedish truck company that was part of the same group as Saab from 1969 to 1995, has said it will never allow a Chinese-related company access to the griffin logo used by both Scania and Saab.

This puts the recently announced sale of Saab to the NEVS consortium in even more doubt. NEVS (National Electric Vehicle Sweden), is a consortium of National Modern Energy Holdings of China (the largest shareholder) plus Japanese and Swedish interests. Saab would thus have to find a new logo, and would also need permission even to use the Saab name, as that is owned by the Swedish defence company Saab AB.