Pang Da/Saab

Pang Da is Saab's new saviour

Pang Da becomes the second Chinese car firm this month to try to bail out Saab, after announcing a manufacturing and distribution joint venture.

<div style="text-align: left;"> Victor Muller, chairman of Saab, speaking during the New York International Auto Show in April (AFP) </div>

Sameera Anand

May 17, 2011

In a second Chinese attempt to bail out Saab, Pang Da Automobile, China’s largest-listed auto distributor, has inked a distribution and manufacturing partnership with Spyker Cars, owner of the Swedish carmaker.

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