NEVS Update – Losses and Meetings

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NEVS’s most recent reconstruction period ends in a matter of days – they’re applying for an extension today – and as we last heard, they had written to creditors seeking a debt reduction agreement. I apologise for not being more in touch with what’s going on (I’m a little preoccupied at the moment) but thankfully, Pingu is keeping up with reports and posted the following in comments just now. I figured it was interesting stuff that should be here on the front page for those who might want to know. Take it away, Pingu….. —— NEVS lost 1.2 billion SEK […]

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Selfie Snippets – NEW CAR, Shannons Show, Alfa Sprint @ Hemmings

AlfaSprint

Forgive the self-indulgent nature of this post, but I have a few localised and personal updates to share here. —— Shannons Car Show THIS SUNDAY This Sunday is the first Sunday in a new month and as such, I’d normally be at Classics By The Beach in Sandy Bay. However, this Sunday is also the date for the Shannons classic car show on the lawns adjoining Rosny College, on Hobart’s eastern shore. So if you’re in Tasmania and planning to go to Classics on Sunday, bear in mind that attendance there is likely to be lower than normal as a […]

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NEVS News – Proposal For Debt Reduction

I’m about to jump on a plane and into the eye of a storm – beware women named Marcia! – but I have to post the following, which came out just a few hours ago. Thanks to Pingu for posting it in comments and to those who emailed it to me: —— A composition to get Nevs out of reorganisation National Electric Vehicle Sweden AB, Nevs, provides unsecured creditors a composition proposal in order to exit the reorganisation. It creates the conditions for completion of ongoing negotiations with two major OEMs and the implementation of a new business plan together […]

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Nissan FulviaSilvia

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I think I’ve just found the Japanese version of the Lancia Fulvia!! Spotted via Bring-A-Trailer, this is a Nissan Silvia from 1965. Just 554 of these were hand-made over a four year period. It was powered by a 1.6 litre, inline 4-cylinder engine making just 96hp. The car is for sale in Japan for around $20,000 (which is reasonable value for a pretty little car, I reckon). It’s been said that Asian carmakers don’t mind imitating designs by other manufacturers and that’s arguably been the case when these companies are just starting to break into western markets. It’s one less […]

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High Milers – Porsche 928GT

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Here are a couple of questions for you….. What’s the highest mileage car you’ve ever bought? And would you take a high-mile classic car over a garage queen? At what price? I check a lot of different vehicles online and I was struck by this one earlier today. It’s a Porsche 928 GT from 1990. Is the 928 a classic? ….. I hear you ask. Well, it depends on your opinion of the 928, but it’s definitely old enough to be considered as a young classic. Bear in mind that it’s nearly 40 years since the 928 was first shown […]

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Saab Snippets – 100 Cars and Saab = ANA

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Saab and ANA Well, hasn’t there been some hoo-haa in the last few days, eh? There was an article posted at Saabs United, written by Jorgen Trued, with a sensational headline saying “ANA Group Takes Down The Saab Flag!” (now changed) and it caused a reasonable sized storm in a teacup. The claim – based on unlinked stories at TTELA and Swedish Radio – was that ANA were letting a number of people go (true) and the inference in the headline, and the included editorial, was that ANA would let their Saab business die (untrue). “Today, the ANA Group’s connection […]

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Australia Will Be At Eurovision 2015!!!!!!!!!!!!

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WTFOMGBBQ!! It’s just been announced that Australia has been awarded a wildcard entry into Eurovision 2015!!!! How did this happen, you ask? WHO CARES!?!? We’re going to Eurovision, baby! Eurovision has grown in popularity every year here in Australia and we send a TV crew to Europe every year to cover the event. Last year, we were invited to provide a non-competitive performer for the contest. A little light entertainment. Jessica Mauboy took on that role and did well. But now we’re actually in the contest itself. AND we get to vote!!! All this begs the question – who will […]

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#Auspol – The Ballad Of Tony Abbott

March in March Abbott Meme

Politically speaking, our Prime Minister is now regarded as a dead man walking. There was a motion to spill the top leadership positions in the Liberals’ party room on Monday. It was moved by a couple of disaffected backbenchers sick to the mayhem at the top levels of the government. 40% of Tony Abbott’s party voted against his leadership – and that was without an alternative leader being nominated. It was Tony vs no-one and no-one got 40% of the vote. And given that his ministers were more-or-less bound by tradition to support him, that number actually rises to 67% […]

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Beware The 40-something Distracted Mother!

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Friday, 5pm. I was in my Alfa Sprint waiting to turn right at a T-intersection just near my house. I was waiting because a blue Mitsubishi was coming from my left along the street I wanted to turn into. The blue Mitsubishi has it’s right-turn indicator on. She’s going to turn into the street where I’m waiting. I’m the orange car and she’s the green one in the diagram to the right. Suddenly, she’s heading straight for me! She’s cutting the corner and obviously hasn’t seen me! There’s absolutely nothing I can do as her Mitsubishi badge is heading straight […]

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Saab Snippets – Wallenberg, Mahindra, Production.

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New Saabs?! There was news today that Saabs will be rolling off the production line again soon. Yes, really. NEVS is going to finish off the 100 or so cars that were left incomplete when production halted in 2014. NEVS registered just 264 cars last year in total, and most of those were company testers and dealer demonstrators, so I’m a little perplexed as to why they’ll spend money and time building more cars that are highly unlikely to sell. Note: they’ll be 2014 models, even though they’ll be built in 2015. Then again, there’s very little that NEVS has […]

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