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  • William Maley
    William Maley
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    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


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