Mahindra & Mahindra wants Saab - report

ahah, thats a good one. but i hope this brand gets a chance (another one, i know), because it has real potencial, and if GM hadn't f*ck it up over the last decade with them, they would be in a better place right now. And now that they showed what they can do (i love the new Saab 9-5), i think they deserve a respectfull owner.

2 problems. 1) GM paid for Saab's budget and any tech is by definition GM tech not Saab tech. 2) There is a lot of passion for Saab but few people bought the cars and thats what killed the company...terminally low sales and insolvent. It doesn't make sense but for the sake of playing Devil's advocate here...the government could have bailed out Saab like the US did with GM & Chrysler...why didn't they ? Saab needs a strong corporate parent to supply $ and material supplies to survive and no one can honestly think Saab sales are going to rocket upwards...and that is what it will take to make a business case for an investor to put money into Saab. No matter how much we like Saab, it hasn't made money for decades.

Have any of you actually owned Saabs? I've had 4, a 1991 900 SPG, a 1990 9000 Aero, a 1995 900 SE, and i still have a 1999 9-5 Aero. I've had 2 pre-GM cars and 2 post-GM. Quality went down big time, price stayed the same. GM bought Saab for a few reasons, Saab just like Volvo has pioneered and patented quite a few technologies in regards to safety. They also have the longest history and most proven track record with Direct Ignition and Turbo engines. So they bought them for their technology/know how, especially in small displacement direct ignition turbo engines. In return in order for GM to get some of their money back what they did is they dumped components from their other sub-brands into Saabs. Stuff like handles, buttons, entertainment systems, sensors, all came from GM sub 25,000$ cars. But a saab 9-5 fully loaded was 56,000$, for that price you could of bought a similarly loaded if not better loaded Audi, Mercedes, BMW, Lexus. My 9-5 Aero is dead on the driveway right now because of an exploded GM sourced power steering line. EVERY single component that has gone wrong in my car has been a GM sourced item. I get you guys who think it must be the other way around, Saab was to blame just because it is the smaller guy, GM is too big to be guilty of any wrong doing. But Saab Cars were losing $ and by Swedish laws it had to be sold after not making $ for a certain amount of quarters. Saab itself pre-1994 actually made very decent cars, and produced some pretty great fighter jets, some of the best trucks in the world (owned by VW now and magically doing great), they produced weaponry and satellite launch platforms and rockets, air-air missiles and air-ground. The Swedish commercial laws are not the same as american laws, there is no such thing as bail-outs, or being in the red.