The inhabitants of Västragötland are worried about Saab. The local newspaper Trollhättans, the TTELA, took up the subject again today. The negotiations are, it is said, in a critical phase. Even administrator Hans Bergqvist was against the newspaper for any statement.
Allegedly Mahindra & Mahindra and Lotus Youngman are said to be the favorites. Depending on the sources, the Japanese-Chinese consortium either dropped out or joined forces with Mahindra. Which makes little sense in my eyes. More credible is information that Mahindra will form a strategic partnership with a third party on Saab matters.
The sale should be completed by the summer. Stay well and happily 5 weeks. Any further delay would be too fatal. Because the opportunity to re-connect to existing product line wanes from week to week. At some point the new owners would only have the opportunity to make a comeback with a completely new product range in 3 or 4 years.
Five weeks to Midsommar Fest is not a long time anymore. Like always, we keep our fingers crossed for a good exit!