Electric Snowmobile Maker Taiga Motors Files for Creditor Protection
- Quebec firm seeks sale of assets under court-appointed process
- Taiga halted vehicle production in April due to a bad winter
Taiga's Nomad snowmobiles on the production line.
Source: Taiga Motors Corp.This article is for subscribers only.
Electric snowmobile maker Taiga Motors Corp. filed for creditor protection as the Quebec company seeks to restructure, three months after it halted vehicle production and pared its workforce.
Taiga has been cutting costs and seeking alternatives to fund operations since disclosing in April that a mild winter prompted the Montreal-based company to temporarily postpone output and cut 70 jobs.