Cars
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 it alone, as it’s been speculated that India’s Mahindra & Mahindra may be interested in buying a share of its own. Read more »
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Mahindra Announces Intent To Introduce Reva Electric Vehicles In Uk, Norway
The EV arm of India’s Mahindra & Mahindra, Mahindra Reva Electric Vehicles, has officially announced its desire to begin selling its cars in Europe. The first two markets being eyed are those where incentives for EV purchases are highest:...
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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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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...
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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...
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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...
Cars