Who Are Mahindra?

February 4, 2012 in Editorial

As we are all puzzled by the latest news on the Youngman bid and confused by what to and not to believe, now seems like a great time to look at another player and their bid for Saab. Mahindra & Mahindra have been the quiet seeker of Saab and we’ll take a moment to look into who they are.

You have to look no further then their website to find out where they came from. They talk about how Mahindra and an independent India began their rise together. In 1945 two brothers, J.C. and K.C. Mahindra joined forces with Ghulam Mohammed and started the Mahindra and Mohammed steel company in Mumbai. Two years later the Mahindra brothers decided to manufacture Willy’s jeeps in Mumbai when India got their independence and Ghulam Mohammed left and they became Mahindra and Mahindra.

When you do some digging, you come across many companies and many different areas where Mahindra has a presence. It is eye opening to say the least to see just how many areas they are involved in.

Systech is a part of the Mahindra Group and is one that catches my attention for many reasons. Their website says “Come Innovate and Create” and “one stop shop -art to part- design to delivery” all things that get me thinking and excited because that is the way to produce so that you don’t have to worry about supplier issues because you are your supplier. This is the kind of thinking that would solve a lot of issues that Saab has seen and with the Sytech model of design to delivery if put in place at Saab, you could see a self sufficient company.

In 2011 Ssangyoung Motor Company joined Mahindra & Mahindra. This South Korean company has a presence in more than 90 countries and employs more than 4,800 people. The company is said to be focused on strengthening their global presence by producing environmentally friendly engines and have plans to strengthen their global distribution network in the next few years. Ssangyoung has a number of vehicles offered including the Korando which is a contraction of “Korea can do”.

You can check their website for more of their offerings. Personally, I quite like the look of the Korando.

 

 

 

 

 

 

Automotive companies of Mahindra include:

Mahindra & Mahindra Automotive Division- The flagship of the company and market leaders of automotive                                                                                 and farm equipment.
Mahindra Graphic Research Design- Based out of Italy, this is the design hub that is responsible for                                                                                 designing the brand image. Clients include Fiat and Honda Europe.
Mahindra Navistar Automotive- Joint venture with Navistar (USA) for creating light commercial and heavy                                                             commercial vehicles for Indian terrain.
Mahindra Navistart Engines- Joint venture with Navistar (USA) to produce diesel engines for commercial                                                          vehicles in India.
Mahindra Reva Electric Vehicles- Mahindra acquired a majority stake in Reva in 2010 and aims to have the                                                              lowest dust to dirt carbon footprint in the automotive world. Click the link                                                                to read about their plans for the factory, really cool.
Mahindra Vehicle Manufacturers- Set up in 2007 to push technology to the edge and has the capacity to                                                                    build 3.2 million vehicles per year.

Ssangyong Motor Company- Acquired in 2011.

Mahindra Auto January sales numbers look great too. Auto numbers are up 22% from 36718 January 2011 to 44717 January 2012. YTD for 2011 was 348,440 in automotive sales 156,547 in passenger vehicles alone.

Mahindra is involved in aerospace, agribusiness, automotive, components, construction equipment, consulting, defense, energy, farm equipment, finance and insurance, industrial equipment, information technology, hospitality, logistics, real estate, retail and bikes and scooters and is a company that is always moving forward and looking at ways to be better.

Below is community initiatives from Wikipedia on Mahindra:

The Mahindra Group is extensively involved in philanthropy and volunteering. It is considered an active participant in the Indian Corporate Social Responsibility field and received the Pegasus Award for CSR in 2007.[13] Mahindra engages in philanthropy primarily through the KC Mahindra Trust, which serves as the CSR arm of the group (although many subsidiaries have their own CSR initiatives, notably Tech Mahindra and Mahindra Satyam).[14] Founded in 1953 by K.C Mahindra, the trust focuses primarily on fostering literacy in India and promoting higher learning through grants and scholarships.[15] Mahindra operates several vocational schools as well as the Mahindra United World College.[16] The KC Mahindra Trust’s primary project however is Project Nanhi Kali, which targets the education of young Indiangirls.[17] The foundation currently supports the education of approximately 51000 underprivileged girls.[18] Other initiatives include Mahindra Hariyali (a 1 million tree planting campaign)[17] as well as sponsorship of the Lifeline Express, a mobile hospital train. Mahindra employees also plan and lead their own service projects through Mahindra’s Employee Social Options Plans. In 2009, more than 35,000 employees participated. [19]

The Mahindra Group was responsible for the creation of Mahindra United World College, a UWC campus located in Pune.

Mahindra also supports the Mahindra Excellence in Theatre Awards to recognize Indian theater talent, the Mahindra Indo-American Film Festival, and the Mahindra Lucknow Festival. In 2011, it held the first annual Mahindra Blues Festival with guests like Buddy Guy, Johnny Lang, and Shemekia Copeland.[20] Mahindra also partners with the NBA and Celtic Football Club to bring grassroots basketball and soccer to India.[21]

In 2011 Mahindra had revenues of 14.5 billion US and a work force of 144,000 worldwide and were listed as #21 in a list of top companies of India in Fortune India 500 in 2011. I’m sure there is so much more to write about Mahindra and the companies they own and I would if I had the time. From what I have found in my searches of this company, I would say it is easy to see that they would be a great fit for Saab as they understand the industry and the people. I am not endorsing anyone because none of us no how this will look in the end, but I will say that I like what I see and hear from Mahindra and I have provided a lot of different links in this post for you to check things for yourselves. If in the end Mahindra is the winner, I will not be sad, I will be excited to see what they bring and how they let Saab be Saab.

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by TimR

Ironic advertising…

February 4, 2012 in SAAB Automobile AB

Everytime I drive to work at Gothenburg International airport I pass by the sign below, its kind of ironic regarding the text written on it but the photo is just beautiful! I’m happy that they haven’t taken the advertisement down yet, it’s cheering me up every time I pass by it! =)

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by till72

Keep calm… – yeah, you know.

February 3, 2012 in Editorial, News, Rumors

Yesterday saw a short moment of hooray as it was reported that Youngman placed a bid on Saab. Later on it came through that the administrators were, to say the least, indifferent towards the bid and that hooray died again. Tough, but it was maybe just another lesson not to get too excited about news unless they announce a definete deal.

As the receivers said there are five parties in the game who want to take over Saab as a whole. To me this is the best news and my hope is fed from that statement. I’d expect many more to be around who are, just like Semcon, interested in bits. Despite that, the last statement from the receivers said that they try to sell Saab as a whole. And as far as they don’t state something else this is still valid. I may not agree with all of their moves but they know that a complete sale to someone who offers a future to the Saab brand in Trollhättan would be the most desired outcome.

Regarding those rumors that they are already on the way to split Saab – take them as what they are: rumors. There are so many floating around right now. Some come from “people with insight” who like to be heared, some may be conclusions by the press. Everybody colors those rumors in a way they support their position or view of course. We and you have to be pretty careful about this and that’s why I already told you in my last post that those conclusions are based on rumors.

The receivers and the interested parties are at work, discussions are ongoing on various levels. Lots of white noise are surrounding this and it is a challenge to find those pieces that have substance. Some people have asked us why we do not run one or another story. This is exactly the reason for it. We are working hard to bring the essence to you.

I did not want to use that term anymore but keep calm and carry on all we can do at the moment.

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by till72

Youngman’s bid rejected

February 3, 2012 in News

While one of our sources told us that the bid was rejected, sverigesradio.se reports that the receivers are indifferent towards Youngman’s bid.

P4 Väst can now reveal how the bankruptcy trustees for Saab have stipulated conditions which may stop a complete solution for the bankruptcy case, according to several sources.

- In practice, the trustees have set conditions which make it impossible to conduct a complete sale of Saab in one piece, according to a source with good insight into the process.

The Saab bankruptcy trustees have recieved lots of criticism since being appointed on dec 19, and now they are facing the worst criticism so far. Because in the beginning of this week, Youngman placed a bid on the company – a bid worth several billion kronor, and meaning production in Trollhättan. According to sources to Dagens Eko, it would mean Youngman needing to employ more than 1000 people.
Read the rest of this entry →

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by till72

Saab auction in Germany

February 2, 2012 in News

This afternoon I got to know that GMAC chose BCA to sell their leftover Saabs. The auction started today and ends on the 07th of February at 14:59. Those 25 cars are surely worth a look, they are all more or less new 9-3 and a few 9-5. The cars will be available for pick up at BCA Hamburg 7 days after auction ends.

As far as I was told this auction is open to everyone but to make sure about the details on how to bid cou can check their international site. They have offices in many European countries so it should not be a problem to buy the cars within Europe.

Go get one…

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by Trued

Youngman has placed a bid!

February 2, 2012 in News

First bid, according to National Swedish Radio News/EKOT, was sent to the lawyers some days ago.
1000 workers need for production. 9-3 can be built without GM involvement alongside with Lotus cars.

Swedish TV4 tonight reports this:
Still no comments from the lawyers.
Johan Nylen, Youngmans swedish contact says “No comments” first but then goes on, “Plans for immediate restart of Saab, discussions with significant people and suppliers are ongoing”, according to Nylen.

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by Trued

Complaints sent to The Parliamentary Ombudsmen (JO)

February 2, 2012 in News

Ex-CEO Peter Smedman of Ackordscentralen has sent complaints to JO, about the way the Saab bankruptcy has been handled.

The Ombudsmen for Justice (JO) or the Parliamentary Ombudsmen to give them their official title are elected by the Swedish Riksdag (Parliament) to ensure that public authorities and their staff comply with the laws and other statutes governing their actions. The Ombudsmen exercise this supervision by evaluating and investigating complaints from the general public, by making inspections of the various authorities and by conducting other forms of inquiry that they initiate themselves.

Peter Smedman is very critical to:
a. The way the three lawyers where appointed
b. Disqualification issues regarding one or more of the lawyers

The two governmental agencies who Peter Smedman wants JO to look at are:
- Tingsrätten i Vänersborg (The Vänersborg Court)
- Tillsynsmyndigheten i Konkurser (Control agency for bancruptcy supervision)

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by TimR

Donation to the Saab Museum

February 2, 2012 in Events

The other day a letter arrived at the city council in Trollhättan, inside was a 500 SEK note. The writer is a Saab-enthusiast from the german city of Darmstadt.

Last time he visited the Saab Museum he had a swedish 500 SEK note left over once he got home and now that the city of Trollhättan has bought the museum he wanted to make a contribution.

- It’s very nice. We have to investigate if we can accept the money in a legal matter and send them on to the museum, say Peter Asp, head of information at the city council.

There are surly many other Saab-friends who would want to donate money to the museum, donation would perhaps become a good addition to the running costs of the museum which are estimated to about three million SEK per year.

- We’ve not had time to investigate if it is possible for a government establishment to gather money in this way but we are looking at every solution.

Original article and interview performed by TTELA

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by TimR

We are SAAB: Trollhättan – Mioh Video

February 2, 2012 in We are SAAB

Here is a very cool video made by Mioh, a nice guy that I’ve met a few times. He does wonders with his cameras! Have a look! =)

We are many, we are SAAB. (Trollhättan, Sweden) from mioh on Vimeo.

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by TimR

SU: Stats

February 1, 2012 in SaabsUnited Related

At the end of each month its become a habit of mine to tell you guys how the site is doing, I’m not stopping with that tradition. December was an extreme amount in terms of visitors for obvious reasons. The impact of the 19th of december event was huge on the SU servers.

In January we’ve done a major upgrade on the server and I hope you feel that the site is much faster and reliable. I can tell you that the amount of visitors have been high.

What is most amazing is the amount of unique visitors, it actually went up in January.
December: 174’682
January: 183’555

Total visits to the front page:
December 2011: 1’251’057
January 2012: 1’167’648

Total visits on the front page for 2011 was: 9’904’914
Average visits on the front page for 2011 was: 825’409

Monthly visitors in 2011:
JAN: 578’115
FEB: 654’490
MAR: 758’809
APR: 764’807
MAY: 787’822
JUN: 710’466
JUL: 720’357
AUG: 868’258
SEP: 875’820
OCT: 967’191
NOV: 967’722
DEC: 1’251’057

Total hits on SU in January: 27’947’735
Total amount of page views in January: 3’740’799

Total amount of uploaded data: 1399.87 GB

BOTS and other automated traffic is not included in the stats!

One thing is clear, the Saab fans are very much alive =)

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by till72

James Cain on 9-4x production

February 1, 2012 in News

Automotive News feature an article asking if the 9-4x could be rebadged under another GM brand as it is such a great vehicle. While I can understand that they liked it on their test drive I’d hate to see it rebadged. That thought came up as the image of a 9-4x with a German GG number plate surfaced a while ago. But GM seems to be done with that issue if we believe a well known spokesman:

“Our plant in Mexico has already adjusted to the end of 9-4X production,” GM spokesman Jim Cain said today.

In the end this adds to the statements we heared before that GM won’t grant licenses for the cars based on their IP. Even if this quote is not totally clear I hope it also means that we won’t see the 9-4x rebadged as some Opel or Chevrolet crossover.

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by till72

On the inautonews report

February 1, 2012 in News

There was a link to an inautonews.com article dropped in comments. It is talking about difficulties for any Saab bid because a deal with Semcon is said to be in place regarding the sale of some parts of Saab. I think this needs some clarification (again).

As we already reported here a few days ago there was indeed a deal with Semcon intended but Hemfosa, who own part of the real estate in Saab refused to give their ok. Like us, they’d prefer to see Saab sold as a whole.

So nothing new in this report if you read SU. I just wanted to get to this before rumors based on this report start floating again.

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by TimR

Formalities are done, Saab Museum is saved!

January 31, 2012 in News

Today the city council of Trollhättan got rid of all formalities and took the real and final decision to actually save the Saab cars museum. Only one party (folkpartiet) the liberals actually opposed the proposed plan.

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by TimR

Top Gear and Saab Owners Club UK

January 31, 2012 in News

The legendary brit program named Top Gear is preparing a tribute to Saab covering “over 50 years of Saab production” . And the production has contacted the legendary Saab Owners Club for helping them by providing cars .At this moment we can’t say nothing more . “Following the their approach to us a few weeks back we have now supplied almost all of the cars for 2 days of location filming.

However, although some of us were present even we do not know the full content of the film so it will be a bit of a surprise to all of us. It will, we are sure, contain some of the normal Top Gear humour so we don’t all expect to escape unscathed! We are assured that, overall, Saab will come out looking good.”

From Saablog-in

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by TimR

SU: Small menu change

January 31, 2012 in SaabsUnited Related

We’ve moved the “we are many, we are saab” su-website to the resources tab in the menu.

15 visitors online now
13 guests, 2 members
Max visitors today: 60 at 12:29 am CET
This month: 121 at 02-02-2012 07:42 pm CET
This year: 336 at 01-03-2012 03:25 pm CET
All time: 509 at 12-06-2011 09:07 pm CET