The unnamed Indian auto company set a meeting with Saab’s liquidators on the 05 January 2012, so that they can discuss terms. The Indian company engaged and sent Lars Carlstrom to meet the Saab’s liquidators. Carlstrom was the same person who represented Russian banker Vladimir Antonov. Sometime this year, General Motors reversed a decision to allow Antonov hold a financial interest in Saab. This was most probably due to alleged reports that Vladimir Antonov had connections with organised crimes.
One of the people appointed as Saab’s liquidators contacted Lars Carlstrom and asked if he was the same person who represented Vladimir Antonov. And when Carlstrom answered yes; he was told that the liquidators do not have any interest in meeting him and the Indian investors.
During an interview with a Swedish news agency, Carlstrom mentioned that he could not find any reasonable explanation for this decision. He felt that it could be due to his previous involvement with Saab and Vladimir Antonov but he doesn’t see how that matters. Lars Carlstrom also mentioned that the liquidators have dismissed a major player who would have been able to acquire the company and secure a future for them.
The Indian auto company who is said to be interested Saab is not revealed but most likely it was Mahindra and Mahindra. The other large Indian automaker is Tata Motors who is also the owner of Jaguar and Land Rover. Mahindra and Mahindra do not have an international auto name under them and it makes sense to say that they could be the one.
It is clear that the Saab saga is still not over yet and we still have not heard about any attempted bids or discussions from the other interested party which is the Turkish government.
Photo credit: autos.yahoo.com and Wikipedia