Cars
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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Mahindra & Mahindra May Buy A Stake In Reborn Saab
Apparently, NEVS doesn’t have enough money on its own to keep the restarted Saab production going, and with that thought in mind, the idea of making a 9-3-based EV seems ever more distant. However, it would appear that they may not have to do...
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Mahindra Tries To Wow Indians With New Production-intent Halo Coupe Ev Concept
One way to get people interested in electric mobility is to present, you know, interesting cars. Mahindra Reva, the EV division of India's Mahindra & Mahindra (M&M) is attempting just that at the Delhi Auto Expo 2014 where it is displaying...
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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...
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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...
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The Tata Xjr?
Consider it a safe assumption that you'll never see an XJR, XK, or XF rebadged as a Tata. Reports are also pushing speculation into safe assumptions that Tata is about to land Jaguar and Land Rover for $2,000,000,000, however. Time the purchase of...
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