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    Report: Mahindra to buy 51% stake in Peugeot Scooter business
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    PSA Peugeot-Citroën already lost a lot of control of its automotive business earlier this year when Dongfeng and the French government each bought 14 percent shares of the struggling firm to keep it alive. The company's scooter division, one of the oldest in the world, is now facing a ...

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    Rumormill: Fiat Chrysler interested in Piaggio; Mahindra considering Peugeot Motorcycles?
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    We're not yet ready to call it a trend, but rumors have been flying that a couple more major automakers have set their sights on motorcycle manufacturers to add to their portfolios. If they do, they'll be following in the footsteps of the Volkswagen Group, which gobbled up Ducati and put it under ...

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    Report: Mahindra studying bringing Ssangyong to US
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    After a valiant effort, Indian automaker Mahindra eventually had to give up its attempt to bring a small, cheap pickup truck to the United States, but it hasn't completely given up. Korean automaker Ssangyong, which Mahindra controls, might have a confusing name, but it's taking the first, ...

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    Report: Mahindra eying stake in Saab owner NEVS?
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    It's ironic that Saab's current vehicle architecture is called the Phoenix platform, because like the mythological bird, the company keeps returning from the ashes. That's right, the embattled Swedish automaker isn't completely dead yet. Again. Actually, it may be facing yet another buyout, and ...

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    Official: Mahindra plant and engineering ops comes to MI, electric bikes planned
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    Depending on who you speak to, India's Mahindra & Mahindra might be best known in the States for the six-year saga of huge hopes and dashed dreams embodied in a small, diesel pickup truck, as a tractor maker pushing its way into a US market ruled by John Deere and Kubota, as the owner of ...

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    Report: Ssangyong may be 3rd Korean brand to sell cars in US
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    In the last 20 years, Korean automakers Hyundai and Kia have gone from a laughingstock in the US with poor reliability and bad design to making legitimately competitive vehicles on par with the best in their segment. However, Korean automaker Ssangyong is a name that doesn't roll off the tongue ...

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    Report: Judge gives dealers' fraud suit against Mahindra the go-ahead
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    Automotive News is reporting that a US District Court has ruled that a lawsuit by five dealers against Mahindra & Mahindra can move ahead. The Indian automaker had moved to have the case dismissed, but District Judge Thomas Thrash in Atlanta said the plaintiffs presented enough evidence ...

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    Report: Italian firm agrees to buy 37.5% of Aston Martin
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    Italian private equity firm Investindustrial has purchased a minority stake in supercar-maker Aston Martin. The 37.5-percent share carries a price of $241 million, while a majority stake is still held by Kuwait's Investment Dar. Aston Martin says this deal will allow the UK brand to pour $1 ...

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    Report: Aston Martin scores bids from Mahindra and UK equity house
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    Three weeks, ago Businessweek reported that Investment Dar, Inc. was looking to shed its majority stake in Aston Martin. The Kuwait-based financial firm is apparently seeking to restructure its debt load and has sought $800 million for its 64-percent share in the English automaker. That amount ...

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    Report: Mahindra opens new tech center near Detroit
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    You didn't think you'd heard the last from Mahindra, did you? Back in July of 2012, Mahindra confirmed that it had basically given up its quest to sell small diesel-powered pickup trucks in the United States. According to a report from TheDetroitBureau.com, however, the Indian automaker is now ...

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    Report: Mahindra gives up altogether on small diesel pickup for U.S.
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    With apologies to the Beatles, it's been a long and winding road for those waiting to get their hands on the steering wheel of a small, diesel-powered pickup from Mahindra. Here's the good news: Something definitive has finally been heard from the Indian automaker. Here's the bad news: It's bad ...

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    Report: Saab to hire 200 engineers, might build gas cars with Mahindra
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    The brand formerly known as Saab is still intent on teaching The Little Engine That Could a few ticks about persistence. We say "formerly known" because it turns out that National Electric Vehicle Swedent (NEVS), the Sino-Japanese investment consortium that just bought the majority of Saab's ...

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    Would-be U.S. Mahindra dealers file suit
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    In 2004, Indian automaker Mahindra & Mahindra began courting U.S. auto dealers to build a network of outlets for its trucks and SUVs. Eventually, the company had accumulated $9.5 million in fees from prospective dealers itching to sell Mahindra-branded vehicles. Mahindra promised to have ...

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    Report: China's Youngman bails on Saab, Mahindra still in the mix
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    Zhejiang Youngman Lotus Automobile has been jettisoned from the dwindling pool of bidders for Saab after tendering an offer of $492 million for the whole kaboodle. Exact reasons weren't given for Youngman leaving the table, but according to a report in Autoweek.nl, "Chinese bureaucracy" was ...

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    Report: Saab gets new $492M bid from Youngman
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    Youngman has made another bid for bankrupt Saab, according to new reports. The Chinese automaker has offered to buy what's left of Saab for $470 million at current conversion rates. The news comes courtesy of Dagens Industri. The newspaper also indicates that's the absolute lowest the Swedish ...

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    Report: Want to bid for Saab? Get your paperwork in by April 10
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    Interested in purchasing a Saab? Heck, why not just buy the whole company? If you're in the market, you've got until April 10 to put in a bid, and at present, the only rival you have is China's Youngman. Chances are, according to the administrators in charge of Saab's liquidation, the sale of ...

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    Report: Daimler refutes interest in Ducati
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    A Daimler spokesman has put an end to rumors that his employer is trying to outbid Audi for an interest in motorcycle-builder Ducati. Despite Daimler's previous collaboration with the two-wheel wizards, it looks like Audi's reported bid of $1.16 billion could be the only one. An Italian ...

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    Report: Global Vehicles' plans for Mahindra in the U.S. officially toast
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    It appears that a British arbitration panel has shattered any hopes of seeing a small diesel Mahindra pickup truck in the States. According to PickupTrucks.com, the panel ruled in favor of the Indian automaker in Global Vehicles' lawsuit against the company, saying the contract between the two ...

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    Rumormill: Saab in discussions with Turkey and Mahindra about reviving brand?
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    The Great Saab Story of 2011 looks hellbent on running straight on through the new year and well into the future, despite the fact that the automaker has officially gone bankrupt and hasn't produced a vehicle in what seems like ages. Rumor has it that Saab administrators are receiving interest ...

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    Report: Mahindra's U.S. plans on indefinite hold, Alabama plant denied
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    Fans of small, fuel-efficient pickup trucks: We hate to tell you this, but it's becoming increasingly clear that Mahindra's long-awaited entry into the United States market just isn't going to happen anytime soon. We're just as disappointed as the rest of you – with the recent demise of the ...

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