[car fanatics]

Source
Photo credit: Saab
June 28, 2012
By: CF staff

The new owner of Saab said it is looking for a solution "as soon as possible" to the current block on its right to use of the Saab name and badge.

National Electric Vehicle Sweden (NEVS), a Chinese Japanese investment group, bought the Swedish automaker from administrators earlier this month after Saab was forced into bankruptcy late last year though financial problems.

The sale did not include permission to use the Saab name and logo. This can only be granted by defense company Saab AB and truck maker Scania, both of which use the same griffin logo seen on Saab passenger cars.