Tag Archives: Mahindra & Mahindra

Nevs Saab 9-3

Nevs-Saab Offers Deal to Creditors

National Electric Vehicle Sweden's (NEVS) new potential owner is embroiled in intense talks with Saab AB surrounding any use of the totemic brand name for future vehicles. The owners of struggling carmaker Saab on Thursday presented a proposal to pay...


GM says they don’t miss SAAB?!

General Motors CEO Mary Barra says the company doesn't miss any of the SAAB, and other brands. Speaking at a recent Automotive News World Congress, GM's CEO Mary Barra said the firm does not miss the brands which were discontinued...


Mahindra nears deal to buy Saab

Indian billionaire Anand Mahindra is close to sealing a long-anticipated deal to buy NEVS-Saab, marking the tycoon's latest attempt to accelerate his company's global expansion by acquiring a premium auto brand. Mahindra has been attempting to source an internationally recognized...

Nevs Saab plant

Court to rule on NEVS-Saab extension request this week

A decision regarding National Electric Vehicle Sweden's (NEVS) application for a three-month extension to its reorganisation, could come as early as this week. The Saab brand manufacturer's Trollhattan plant is currently not producing vehicles as it looks to secure investment...


Mahindra in alliance talks with PSA and NEVS

Indian carmaker Mahindra & Mahindra is reportedly exploring alliance opportunities with PSA-Peugeot-Citroen and the Saab brand owner, NEVS. The Indian newspaper Economic Times reported that Mahindra is taking into account partnerships with the two car brands as it is looking...


Mahindra eyes buying Saab again

India’s largest utility vehicle maker, Mahindra & Mahindra is said to be interested in acquiring bankrupt car maker Saab in its latest bid to become an international auto giant, with a news report in its native Sweden saying the Pune-based...