Saab Automobile may still be bankrupt, but its future isn’t completely dark just yet. Not too long ago, there were a few companies in the works to purchase the iconic brand and now there might be one more. The receivers of the Swedish company’s bankruptcy have already stated that they are fully prepared to sell either the entire company or parts of it if the offer is right enough. The Chinese company Youngman was on top to buy out the automaker with India’s Mahindra and the Turkish firm, Brightwell Holdings not too far behind. At this point in time, nothing official has transpired so the door is still open for a new set of parents and those might just come in the form of the other Swedish carmaker, Volvo.
According to an Autoblog article, Volvo has made mention that they are interesting in purchasing tooling from Saab’s estate. This means that even though a complete buyout wouldn’t take place, parts and components would leave the now ghost-town of Trollhättan. Currently still pure “talk”, the purposed purchase could happen and Volvo’s current owner, China’s Geely, would more than likely use the old Saab tooling to strengthen their Chinese market offerings. Putting the rumormill aside, this outcome seems rather likely as Saab’s receivers have said in the past that they would rather sell parts of the company instead of the whole as it would return a greater profit. Whether or not this take place is up to time, but keeping Saab alive non-the-less would be fantastic. Keeping it within Sweden would perhaps be even better.
Source: Autoblog.com
