SAAB News: Commandment from Mahindra & Mahindra

Mahindra & Mahindra has submitted an offer for Saab. This is reported by Swedish media today. Interesting are the few, few details that have come to the public. Lars Holmqvist, CEO of CLEPA, claimed earlier this week that the Youngman Group from China is the only reasonable alternative for Saab.

Because Youngman wants to be the only bidder to continue to produce the current Saab 9-3, freed from GM DNA. Now it became known that Mahindra is pursuing the same plan. On Saab 9-5 and Saab 9-4x will also dispense the Indians. That sounds realistic, a showdown with the American group would be pointless anyway.

As predicted by Saab insiders, everything comes down to a decision between India and China. The Indians, advised by KPMG's auditors, seem determined to buy Saab. That's good news. Once again we have survived a week, the countdown in bankruptcy proceedings is underway, and the big showdown is coming up.

Today, a Youngman delegation, 10 to 15 people strong, will arrive in Gothenburg. In the wake of Youngman founder Pang Qingnian are also representatives of the powerful Bank of China. It will be exciting in the next week, because now it goes into detailed discussions.

Let's say our European bidder, who is still there, will not get a bid. Maybe just because Mahindra and Youngman call "political prizes" for Saab. Let's say the race would be decided between India and China. Who would be better suited to Saab and who do we trust in a responsible development of the car maker from Trollhättan?

The answer is clear and in this case the bidder from the biggest democracy in the world would be my dream partner for our brand with the griffin. Using the example of Tata, we see how well and carefully European brands, Land Rovers and Jaguars, are treated by Indian owners. Using the example of Volvo, we are currently seeing the firewall between Geely and Gothenburg fall, we are experiencing politically motivated decisions. Volvo is under pressure, operating permits for the new plants in China are a means to an end. In the long term, it seems Jaguar / Land Rover will be better off with Tata and Volvo with Geely will have the worse prospects.

For Saab, I wish a good buyer, who finally brings peace and continuity. Who has a long breath. If he came from the world's largest democracy, I would not mind.

Text: tom@saabblog.net

18 thoughts too "SAAB News: Commandment from Mahindra & Mahindra"

  • Just look at the Jaguar and Land Rover and Range Rover brands, which builds for beautiful and quality cars. A white Saab as a special yoga or yogi tea, that would be something

    • hie,
      ...... .only with the difference that not Mahindra builds this car, but Tata Motors. Mahindra hats then messed up, the build SUVs. Her jewel is Ssangyong, or whatever. It was just enough for that.

      Greetings from koblenz.

      peter

  • Somehow the Chinese as a world power (especially with their polish attitude and their resulting action) are rather unsympathetic to me. I mix too much politics with business.
    Therefore, I would prefer a Indian owner for Saab purely subjective.
    Of course I would most like a potent European, who can exist on the world market and would have the understanding of Saab.

    But if Saab's survival were due to the Chinese silk thread, I would probably have to endorse the "chin. Kite "swallow. 🙁

  • Hello Tom

    My personal ranking:

    1. BMW or Magna
    2. Mahindra
    3. Youngman

    But anyone who saves my SAAB brand is welcome!

  • I have said it before, and I like to say it again and again: a SAAB takeover could politically send out a signal that, despite economic and financial crises, Europe is in a position to help itself without (possibly too much political) Prices) to resort to help from China.

    Admittedly, India would be more politically acceptable, but it would still be a signal that economic coordinate systems have not yet fully shifted to Asia.

  • Why not kill two birds with one stone:

    > Mahindra and BMW take over SAAB.
    > BMW brings the much-needed technology for a small entry-level soda (9-1 or 90) and various engines,
    > Mahindra handles most of the financing and helps BMW in India (production and distribution).

    Big goals can be achieved more easily together ...

  • The tension is hard to bear !!!
    As Tom says, a buyer from the democratic world will most likely be the better mother.
    India with its few car brands is certainly more promising than China with dozens of manufacturers. Example Tata-Jaguar named above. I myself tested the XF before the 9 5 purchase in January and would have been a little weak ...
    For me, Mahindra belongs to BMW, because I doubt BMW has a SAAB in size 9-5 in the planning. That would probably be too close to the 5er.
    China with the typical Chinese mentality can only ever 2. and hopefully last choice.

    • No, on the 7er.

  • We talked a bit about company founder Pang Qingnian (Internet, etc.) - the man impresses us with his energy and determination.

    At SAAB-Automobile, he seems personally to go to work with the so-called lifeblood - this is very impressive and not self-evident.

    We see Youngman Lotus and the large corporation Mahindra & Mahindra
    On the same footing in terms of suitability - at the European company BMW, for example, we see it similar to Klaus 9-5 II. SAAB would probably always be there behind the BMW models - actually not a satisfactory idea (but you can here also fooled, because with Rolls Royce and Mini it is actually quite good).

    Greetings from the Hanseatic city of Hamburg

  • The combination BMW and Mahindra as she describes red99 what. In Trollhättan, the production of cars could start relatively quickly (9-3 and Mini`s), which would keep the plant busy, and relatively many people could keep their jobs.BMW would have a strong partner in the Indian market and Saab with technology from BMW was already planned anyway.
    I would say that's how it is done, but unfortunately I have nothing to say

    • ............ .but the good Norbert!

  • In principle, anyone is welcome who means well with SAAB! As it now looks in detail with each bidder, no one can currently say 100% ig. However, I would have a lasting feeling among Chinese people how honest and long-term European their actions and thinking is. If BMW should be among the bidders, so I would definitely like the most. Mahindra would therefore come second and the Chinese third.

  • hie,
    what's going on here ?! Let's hear soon from the usual objectionable morals boycott calls: "Do not buy Chinese Saabs?"
    Maybe the moralists have forgotten that Youngman has already invested before the loot has died. The hyenas have waited until the value of the fallen prey expires. Mahindra and the rest are among them. Mahindra represents Asian entrepreneurship, they may represent democracy, but they do not practice it.
    "Pecunia non olet." So what !!
    Greetings from Koblenz

    Peter

    • That could happen. As it was always called buy no GM SAABs. But whatever happens, we are happy about every buyer. Beautiful would be a European or a Democrat. But we can not have everything. Thanks Tom for the fair coverage!

  • Difficult! BMW would be great, but BMW has not come up with Rover. Incidentally, I do not understand why apparently all stick to the 9-3, which is good but already almost outdated without the 9-5II but that is nothing with the 9-3 alone.

  • hej och god morgon

    I am not a friend of prejudices. Of course, SAAB can not survive 9-3 alone, but it would be a start. No matter who gets the contract, he also has to launch new models on the market as quickly as possible. Clear Mahindra and BMW have better conditions and more experience than the Chinese.

    BMW:
    I think that the people of Munich understand the Swedes better than the Chinese and I see more synergies than competitors. Let's be honest, even most buyers of a Mini are - just like the typical SAAB owner individualists. Almost no one buys a SAAB just because the car is safe (these are other brands as well). The Mini is cult, but SAAB riders have become YOUR car brand. There is just so much more heart and soul and most of this blog somehow have a "wire to Sweden" or at least stronger Symphatien for Scandinavia. The one 9 5 he is too close to the 7er BMW, well - on the paper already, but honestly there are still worlds in between. The steering wheel of the 9-5 II, for example, although identical made from the SAAB for a long time no OPEL Insignia, or vice versa :).

    The Mini, although quite close to the 1er BMW - I do not imagine that the classic mini-freak overflows.

    Ultimately, it can be the Munich people do not care if BMW, Mini or maybe a SAAB - the main thing the car comes from the own group. The Wolfsburgers it ultimately does not matter whether the money is earned with a VW, Audi, Skoda or SEAT.

    Mahindra:
    I quote Philmos from the top "Just look at the Jaguar and Land Rover and Range Rover brands, which makes them beautiful and high quality cars." True, I agree, a lot has been achieved and quite honestly, these cars are not the common "mass brands" on the roads of the world. So I come to the decision, "the Indians can do it too".

    Youngman:
    Actually, until a few weeks ago, I thought that the Chinese were not bad. Meanwhile, one hears a lot of Geely and Volvo and quite honestly - because I like a lot. In China, much is only political and there are just worlds between the peoples. Human rights, for example, we are too far apart. I'm afraid that in the long term you just want to buy the knowledge and image. Clearly, the Chinese want to earn money primarily with SAAB, that GM certainly wanted, but at what price? Will YM understand the Swedish cult brand or is it just about conquering European markets? Do you want to get ahead with SAAB only technically? Chinese cars like the Brillance BS6 eg - they had no chances here. I think it would be a pity to put SAAB back on a drip and bleed slowly.
    Nevertheless - one must hold the Chinese good, they have already invested, as VM still held the helm in the hand and you did not know how to proceed. Who knows how it would have been if one had not supported the then "weakened patients" a bit.

    No matter who does the race, it continues for the time being. I hope I can buy a new SAAB in a few years. Too bad that I have to leave my 900 II for the time being.

    • hie,
      Of course, you hear so much. Can you hear that not Mahindra, but Tata Motors builds these cars?
      Greetings from Koblenz.

      Peter

  • Dear Tom, dear, dear Tom,

    Teach our indophile Saabgemeinde gently, which builds cars Mahindra & Mahindra, which they build by no means, which they may want to build and what Tata Motors so drives.

    Greetings from koblenz.

    Peter

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