Dongfeng and Mahindra wants share in Nevs

Dongfeng and Mahindra wants share in Nevs

The clock is ticking for Saab-Nevs and must find a solution before the end of June. According to several sources Nevs negotiating with Chinese Dongfeng and Indian Mahindra. Mahindra will be interested in an ownership in Nevs while Dongfeng will be cooperating around the new Phoenix platform.

It feels a bit surprising that Dongfeng interested, because Dongfeng was last winter bought 14 percent of the large automotive group PSA Peugeot Citroën for € 800 million. But Dongfeng is interested in Phoenix platform and be able to use it on different car models – even in sizes above and below the Saab 9-3 model.

So expect that the parties are trying to find a solution. And Nevs is in a fairly poor negotiation position.

Once again – it is still too early to say that we will see new Saab cars :(

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