Indian Automaker Interested In Portions Of Saab

Mahindra & Mahindra Ltd., India's biggest sport-utility vehicle manufacturer, is interested in buying at least parts of bankrupt Swedish carmaker Saab Automobile, two people familiar with the situation said.

Mahindra is in the process of reaching out to the two court-appointed administrators who are overseeing Saab's bankruptcy to possibly buy parts of the carmaker or the whole company, said the people, who declined to be identified because the plans are private.

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g2ok - 12/30/2011 12:51:05 PM

+1 Boost

They have some nice jeeps, suvs and tractors, but nothing in the passenger car market even in India. Hard to say, but maybe the Swedes could find some stable ground building Saabs for emerging markets.