Cars
This is your daily update on the story that is the survival of Saab. Today, we receive news that yet another party is interested in acquiring the Swedish car company, the third in as many days.
- Saab Saga Is A Wild Turkey: Istanbul-based Equity Firm Added To Buyers’ List
Saab hasn’t made a car since last March. Its initial deal with the Chinese fell as did every subsequent overtake attempt basically because GM wasn’t willing to give away its technology to the Chinese for free. Eventually, the company's...
- China's Geely, Owner Of Volvo, Denies Interest In Buying Saab
Saab is in a crisis indeed. One day it is rescued, and the next it is on the brink of destruction. And this has been happening over and over again, like an automotive version of The Groundhog Day. Yesterday we reported that Saab has not yet received...
- Mahindra Wants To Become “india’s First Global Cult Brandâ€
M&M is not just a well-known candy but also the name of a part of the Mumbai-based Mahindra Group - an Indian conglomerate with a market value of $17.6 billion that has 119,900 employees in more than 100 countries and is involved in almost everything...
- India's Mahindra & Mahindra Seals Ssangyong Acquisition
Indian industrial giant Mahindra & Mahindra announced today that it has completed the acquisition of a majority stake in South Korea's SsangYong Motor Company, with the deal also signaling that SsangYong is no longer in court receivership. Mahindra...
- Koenigsegg Among The Remaining Bidders For Gm's Saab Division
According to a report from the Swedish financial daily newspaper, Dagens Industri, Sweden's own supercar builder Koenigsegg, is one of the three remaining parties interested in buying General Motors' SAAB brand. The newspaper said that the other...
Cars
Form an Orderly Queue: Receivers Say More Buyers Show Up for Saab
This is your daily update on the story that is the survival of Saab. Today, we receive news that yet another party is interested in acquiring the Swedish car company, the third in as many days.
Swedish newspaper Dagens Industri confirms last month's report that Indian conglomerate Mahindra & Mahindra is also interested in Saab. Mahindra, which already owns Korean carmaker SsangYong and wants to become “India’s first global cult brandâ€, joins China's Youngman group and Turkish private equity firm Brightwell Holdings in bidding for Saab.
Read more »- Saab Saga Is A Wild Turkey: Istanbul-based Equity Firm Added To Buyers’ List
Saab hasn’t made a car since last March. Its initial deal with the Chinese fell as did every subsequent overtake attempt basically because GM wasn’t willing to give away its technology to the Chinese for free. Eventually, the company's...
- China's Geely, Owner Of Volvo, Denies Interest In Buying Saab
Saab is in a crisis indeed. One day it is rescued, and the next it is on the brink of destruction. And this has been happening over and over again, like an automotive version of The Groundhog Day. Yesterday we reported that Saab has not yet received...
- Mahindra Wants To Become “india’s First Global Cult Brandâ€
M&M is not just a well-known candy but also the name of a part of the Mumbai-based Mahindra Group - an Indian conglomerate with a market value of $17.6 billion that has 119,900 employees in more than 100 countries and is involved in almost everything...
- India's Mahindra & Mahindra Seals Ssangyong Acquisition
Indian industrial giant Mahindra & Mahindra announced today that it has completed the acquisition of a majority stake in South Korea's SsangYong Motor Company, with the deal also signaling that SsangYong is no longer in court receivership. Mahindra...
- Koenigsegg Among The Remaining Bidders For Gm's Saab Division
According to a report from the Swedish financial daily newspaper, Dagens Industri, Sweden's own supercar builder Koenigsegg, is one of the three remaining parties interested in buying General Motors' SAAB brand. The newspaper said that the other...