Friday, December 30, 2011

India's Mahindra & Mahindra Interested in Saab, Turkish Suitor Also pops up on the Radar


The sad story of Saab is far from over as the court-appointed administrators who are overseeing the Swedish automaker's bankruptcy are now on the lookout for possible investors to either sell parts of the brand or the company as a whole.

In today's news, Bloomberg reports that Mahindra & Mahindra Ltd, a maker of SUVs and a flagship company of the Mahindra Group, which is a multinational conglomerate based in Mumbai, India, is in private talks with Saab's administrators.

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