Mahindra rumors

In the last 24 hours, the Mahindra rumors in the Swedish media ... "the Indians are on the way to take over NEVS and the Saab brand ...". Rumors are rumors, you can believe them or not.

SAAB production at NEVS
SAAB production at NEVS

You can gain credibility and substance if you know backgrounds and people who talk and write about it. The last message came from Victor Jensen from Sveriges Radio P4 Väst. We spoke briefly with each other in December last year, while Saab number 1 rolled off the tapes.

Jensen is on site in Trollhättan and works closely with NEVS. When reports go out from the offices, he seems to be number 1 on the call list. If sentences are quoted from an unnamed source, the origin can be identified with little imagination.

According to his facts, Mahindra is in negotiations with Saab AB and about to take over NEVS. "It feels like fresh morning air, and Mahindra would not have negotiated so long if they were not really interested”His source describes the relief at NEVS.

Mahindra, Saab AB and NEVS are not commenting on the development. Neither in India nor in Sweden do companies take a position. Which should not be a reason to doubt, but can be considered normal behavior. Maybe Mahindra will succeed in this attempt what has failed in the past.

Before we continue to deal with Mahindra rumors, there is another hurdle before NEVS. One of the many "When”Must be cleared out of the way. Approval to continue the reconstruction is still pending. It should be ready on Monday or Tuesday. If the court's decision is positive, the negotiations could reach the final. At last !

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9-5 Aero
9-5 Aero
9 years earlier

How and with whoever - if someone actually does whole things, go ahead. Compared to the Pipifax that we have seen in recent years, things can only get better.

Power Point slides with scenarios, lots of hot air and nothing behind them are not enough.

9-5 Aero
9-5 Aero
9 years earlier

Why is the whole world always talking about Mahindra here and distributing advance laurels, even though it is not even certain that they are even among the bidders?

5 million per month? The chickens are laughing. Not even Nikolaus believes that this will make a global brand without products a thing of the past. If it continues in this way, we will soon see the next pipe-breaker.

I just want to remind you that before 2 years, BMW was also among the bidders and that from today's perspective, interesting prospects could also arise with Volvo. At the moment we know as little about the two European manufacturers as we do about the Indians. For both, SAAB would be a fitting addition and the development of new products could be much faster than with Mahindra.
We will see. I also believe that the SAAB niche is not dead.

Let's leave Swedish politics, the lawyers and the consultants to their crime thriller - in the meantime I have brought my 9-5 into shape for the next 5 years.

Who will then - decide the products. If SAAB is then marketable and back you will be there - otherwise not. It is certainly not NEVS.

thylmuc
9 years earlier
Reply to  9-5 Aero

Unless I totally misunderstood this, the 5 Mio only serve to keep the store running every month. Heating, sometimes sweeping, checking machines, etc. If the OEM boarding, it is certainly to completely different amounts.

Incidentally, I share the pessimism regarding development times, especially Tim has on SU, not synonymous. Normally, manufacturers deduct development money from current profits, and therefore there is a certain development time of several years. But if you shoot in the money from the outside, it can all go much faster. 800 engineers from Trollhättan, then buy technology with 2000 others from Magna and Co., diesel engines from BMW and petrol engines from China or what I know, and then that can go very quickly with the development.

Saabfan
9 years earlier
Reply to  Tom

Did BMW really have any interest in Saab before 2? Is this secured?

Perhaps the “big ones” would not have paid that much money for the takeover, but many jobs and the future would have been secured. I wonder how you could choose NEVS ... well

Greif08
Greif08
9 years earlier

I agree with that! Why not wait ?! We have nothing to lose. Mahindra can be a great way to bring SAAB back into the market as a vibrant car brand. Come the right models, then it works! That was the same with all other brands. The well-being and woe of a brand is decided by the models.

9.3Wolfgang
9.3Wolfgang
9 years earlier

Why are there so many pessimists among us? Worse
Actually it's not going to be in the current situation, but actually only better. Saab is not dead yet, although some of them preached months and years ago.
There is hope, one can still criticize.

thylmuc
9 years earlier

Oh, and maybe Mahindra needs a new platform for the Chairman http://de.wikipedia.org/wiki/SsangYong_Chairman which is still based on the Mercedes W124. That was a good car, but I have to admit that that sounds a bit elderly. Maybe the contracts with Mercedes and Mercedes bucks?

thylmuc
9 years earlier

There is still Phoenix around Saab. Meanwhile probably a bit further developed than before NEVS. In addition two things:
-Phoenix should become a modular system. That makes it interesting for different cars, including models from Mahindra and Ssangyoung. Why not Trollhättan as a developer of the base technology; as previously Saab GM platforms have, it can go the other way round. That means the added value for Mahindra goes far beyond the works.
Platforms do not age as fast as models. Think of the S-Class. The 221 series (S-class appeared 2005, ie the platform should have been started about 2000-2001 2013 released 222 series uses the same platform, the new S-Class is just a facelift !!!!! And will certainly built again 8 years, so to 2021 For Mercedes customers apparently no problem, so why for Saab customers.

Mountain goat
Mountain goat
9 years earlier

Cross your fingers for the SAAB brand ..... costs nothing 😉! New beginnings are always exciting and sometimes you don't know where the future is really going ... A positive article about Santa Claus :-). Wonderful!

Regio-Rider
Regio-Rider
9 years earlier

Mahindra is an over 60 year old Indian car brand where mainly Jeep has built models under license, and with Ssangyong a lot of experience with 4 × 4, and with Saab there is a bit of security, we hope it works this time

Saabfan
9 years earlier

In fact, I think Mahindra seems to be the last chance for Saan. Nevertheless, I am skeptical that they are able to provide a long-term and consistent solution.
To make Saab competitive again requires a lot of patience and, above all, conviction. Is Mahindra the right company for this? For example, the VW Group would have it easier: They fall back on the modular concept ...

Zsolt
Zsolt
9 years earlier
Reply to  Saabfan

... and brings out a Passat infusion as the new 9.3. Besides, the car would finally have the chance to win a comparison test in the VW picture. It's just a shame that I would never buy such a box…. And another side effect: “der East” and “Gallix” would have actually looked ahead!

TT
TT
9 years earlier
Reply to  Tom

Everything is better than NEVS. If I had been a liquidator before 2 years ago I would take to the streets wearing a deep-drawn hat and sunglasses. Since Mahindra was already among the applicants before 2 years, it is now more than obvious that the wrong applicant was picked out. I believe the Indians especially if they are so stubborn about it a lot more than to the Chinese.

Saabfan
Saabfan
9 years earlier

But despite all this, the question remains which (new) suppliers again give trust / products to a new owner. It would frustrate me to always wait for the open bills. The piled up new debt mountain is indeed over 50.000.000 €! Is a tricky thing.

MYSAABISGOOD
MYSAABISGOOD
9 years earlier
Reply to  Saabfan

That can't be true 50 million at NEVS for almost 2 years - that stinks ...

thylmuc
9 years earlier
Reply to  MYSAABISGOOD

This stinks at most, because it shows how little has gone. No production and a new development, as could have accumulated more quickly. It has certainly flowed a lot of capital, and now it's gone.

The Saabler
The Saabler
9 years earlier

Hope dies last, it can only get better… .. keep your fingers crossed again.

Frank Urban
9 years earlier

Mahindra is the only one who can get the naming rights, I think, the Ssangyong have as a basis for experience and Indians recognize the spirit of a brand very differently than the Chinese. See Jaguar ...
I've always been the pessimist here with a lot of respect for the performance of pushing a work like this again with GM software licenses - but I really think the story is a good one 🙂

Zirkoski
Zirkoski
9 years earlier
Reply to  Frank Urban

Absolutely so, if we ever want to see new SAABs again, then Mahindra is the last resort.

The East
The East
9 years earlier

I am still wondering what should be so positive about a Mahindra acquisition? (And now the name Mahindra can be used as a placeholder for many other, previously failed in vehicle manufacturing or inexperienced manufacturers / consortia).
Are we getting the "old" Saab back? The “old” special spirit? New designs, state-of-the-art, but with the (driving) properties and quirks of the original Saab models that are so difficult to describe? 900-reloaded? I do not think so. Unfortunately!

Gallix
Gallix
9 years earlier
Reply to  The East

I could just as well stick a SAAB emblem on our replacement Daimler.
Who on whatever SAAB cardboard on it, will have to do with the spirit of the original nothing.
Not everything is copyable and purchasable and necromancy has always been a hoax!

Zsolt
Zsolt
9 years earlier
Reply to  Tom

It seems that some friends here have clairvoyant abilities. I wonder why you have to spoil a new, not yet existing product right from the start?

GP362
GP362
9 years earlier
Reply to  Zsolt

This is typically German!

Gallix
Gallix
9 years earlier
Reply to  Tom

But I feel like "grumbling"!

Greetings Gallix

Heiko
Heiko
9 years earlier

Let's keep our fingers crossed and hope for the best. This article is balmy on the battered Saab soul and I like the place with the morning air the best.