Currently reading: Saab sale rumours intensify

Turkish consortium and Indian car maker Mahindra reported to be eyeing purchase

The administrator handling Saab's bankruptcy is reported to have received interest in buying the brand from a Turkish consortium with backing from its government and Indian car maker Mahindra.

However, neither party has confirmed their interest in buying Saab, and it is not clear if they want to acquire the brand, the company or its tooling hardware and technology know-how. Many of Saab's assets were sold or used to secure loans in the run up to its demise.

It is also unclear if either party would get the backing of GM if it wanted to buy Saab. The former owner of Saab blocked any deal with potential Chinese investors, as it didn't want them to have access to its technology, which was under licence to Saab.

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