Jump to content
Create New...
  • William Maley
    William Maley

    Saab's Bankruptcy Attracts Mahindra & Mahindra

    William Maley

    Editor/Reporter - CheersandGears.com

    December 30, 2011

    Saab's bankruptcy is attracting a lot of companies wanting to buy up pieces of the Swedish automaker. Last week, we reported that Youngman Automotive got their hands on Saab's new Phoenix platform. Now, an Indian automaker wants a piece of the griffin.

    Bloomberg reports that Mahindra & Mahindra, an Indian SUV manufacturer, is looking into buying up pieces of Saab. Two people familiar with the situation say the company is trying to set up meetings with the two court-appointed administrators who are overseeing Saab’s bankruptcy.

    Neither Mahindra & Mahindra or the two court-appointed administrators could be reached for comment.

    Source: Bloomberg

    User Feedback

    Recommended Comments

    There are no comments to display.



    Join the conversation

    You can post now and register later. If you have an account, sign in now to post with your account.
    Note: Your post will require moderator approval before it will be visible.

    Guest
    Add a comment...

    ×   Pasted as rich text.   Paste as plain text instead

      Only 75 emoji are allowed.

    ×   Your link has been automatically embedded.   Display as a link instead

    ×   Your previous content has been restored.   Clear editor

    ×   You cannot paste images directly. Upload or insert images from URL.




  • Subscribe to Cheers & Gears

    Cheers and Gears Logo

    Since 2001 we've brought you real content and honest opinions, not AI-generated stuff with no feeling or opinions influenced by the manufacturers.

    Please consider subscribing. Subscriptions can be as little as $1.75 a month, and a paid subscription drops most ads.*
     

    You can view subscription options here.

    *a very limited number of ads contain special coupon deals for our members and will show

  • Posts

    • Ahhh that makes sense. Just get things running and get the "proper" install done when you have time.  For some reason, my I completely forgot about the conventional outlets on generators (face palm) and I could only picture them running to a breaker box.
    • I got a mid-size portable one rated for 4500w. It doesn't run the whole house. It's enough to keep the downstairs fridge and freezer going, the internet up, and the phones/laptops charged.  In the wintertime it can also be used to run the furnace. We lost power for 18 hours overnight this past winter when it was 11 degrees out, so getting one that will run the furnace was on my list of requirements.  We get multi-hour outages several times a year, during the worst of covid we had a transformer blow a couple streets over and they couldn't get a replacement for days, so I think it was an overdue investment. While it does have a connection available to wire into the breaker box, my breaker box is not set up for it. So for me, it was just stringing orange extension cords under the garage door and out the living room window to plug into the unit in the driveway. We got power back for a short time at 11 p.m., then again at 3 a.m., I was able to power down the generator at 3.  Last I looked, there were still 134k without power, over 400k at the worst of it.  They're saying more bad storms tonight.
    • Yeah, I have a coworker that lives in downtown Pittsburgh and heard this morning her building has a generator but it's been on and off... 
    • These companies are playing on both sides of the party line. Ford donated more to Harris than Trump.  https://www.opensecrets.org/orgs/ford-motor-co/summary?id=D000000182 Same with GM. https://www.opensecrets.org/orgs/general-motors/summary?id=D000000155 Toyota contributed a little more to Trump than Harris. https://www.opensecrets.org/political-action-committees-pacs/toyota-motor-north-america/C00542365/candidate-recipients/2024 Hyundai: https://www.opensecrets.org/orgs/hyundai-motor-co/summary?id=D000042381   This is just fascinating information to me. It's also comical how these companies are trying to play good to either party who wins. 
  • Who's Online (See full list)

    • There are no registered users currently online
  • My Clubs

×
×
  • Create New...

Hey there, we noticed you're using an ad-blocker. We're a small site that is supported by ads or subscriptions. We rely on these to pay for server costs and vehicle reviews.  Please consider whitelisting us in your ad-blocker, or if you really like what you see, you can pick up one of our subscriptions for just $1.75 a month or $15 a year. It may not seem like a lot, but it goes a long way to help support real, honest content, that isn't generated by an AI bot.

See you out there.

Drew
Editor-in-Chief

Write what you are looking for and press enter or click the search icon to begin your search