I think it's safe to assume that M&M is still very much interested in Saab. And from the news report it looks like there has even been a meeting with the Heavy industry Minister of India regarding Saab.
Here's what CNBC TV18 writes about the news piece:
Pawan Goenka, president of the automotive business at Mahindra & Mahindra tells CNBC-TV18 that they may be looking to acquire SAAB's assets because of the benefits that they can derive from it.
"SAAB can bring in some technologies that go into SUVs, it can bring in infrastructure for R&D and it also brings in the global distribution network, but we will see if this is sufficient for us to be interested," he said to Swati Khandwlwal Jain.
"The product range of SAAB is not like a regular Sedan, which you have and they are more off road vehicles though they are not SUVs," he added.
