A story has surfaced today about Mahindra and the possibility of them maybe changing their mind about placing a bid. I will stress that we do not know in any way if this is credible at all as the story comes from another un-named source to Di. I have never been a fan of this kind of reporting because we have no idea who is talking to Di, if they are credible at all or if they are just someone looking to stir things up and too often we have seen stories like this to not be fact at all.
Now Mahindra is considering withdrawing from the bidding. The company had hoped to take over one of GM’s licensing agreements for the purchase of Saab, but interpreters are now saying GM’s behavior is that they actively try to prevent the continued manufacture of Saab cars, writes Di.
Forgive me for the google translate but it seems to say that they want some licensing from GM for production and GM is not interested. As has been hinted for a long time now, this is no surprise to any of us. Normally I wouldn’t post anything like this because until you can name a source, I think it is just rumors and a waste of time but if we don’t at least give a point of view, we look like we are only interested in the good. Whenever GM’s name is brought up and the lack of wanting to have anything to do with licensing agreements and such, it really puzzles me that a company that went broke and was saved by tax payers can actually say “NO” to making money off of an agreement with another manufacturer. If it were my tax dollars, I would want them to do what ever they had to, to make more money and to pay back what is owed. Again, this may all be speculation and not even worth worrying about.