It has become quiet around the possible Saab buyers. The next press conference of the Administrators Trio will take place on Tuesday. The local newspaper in Trollhättan, always a reliable source of information, names the hottest prospects in the race for Saab.
There is the unknown consortium from Japan and China, whose Chinese part is supposed to be an energy supplier according to our information. Representatives of the interest group are said to have met with Saab supplier companies and are working seriously on a concept for the takeover. Mahindra & Mahindra should also do very well in the race.
That almost coincides with our information from Stockholm. The prospects for the survival of the Saab brand and the continuation of automobile production in Trollhättan appear favorable. You don't hear anything about the long-term bidder Youngman, so the silence in the forest is the order of the day. According to Swedish friends, the prospective buyer from India, Mahindra & Mahindra, is said to have increased its bid considerably in the past week. The Indians seem to be slowly taking on the role of favorites.
On Tuesday there will be teleconference of the administrators. Maybe we'll hear more then.