Pang Da Archives - Page 2 of 2

Press Release: Saab Automobile AB Files For Voluntary Reorganization

The following is a release from Swedish Automobile: —— 7 September 2011 Saab Automobile AB Files For Voluntary Reorganization, Saab Automobile Parts AB And Overseas Subsidiaries Excluded Trollhättan, Sweden: Swedish Automobile N.V. (Swan) announces that Saab Automobile AB and its subsidiaries Saab Automobile Powertrain AB and Saab Automobile Tools AB (collectively Saab Automobile) will file for voluntary reorganization today at […]

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Inside Saab Automobile

Summary: Saab deals with Pang Da and Youngman

Saab have made several announcements in regard to deals made with Chinese companies Pang Da and Youngman since mid-May. These deals have changed slightly in nature as each new announcement has been made and I thought it might be useful for those interested in Saab business to track the dynamic nature of the deals. Please note that these are just

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News

Press Release: Swedish Automobile, Saab Automobile, Pang Da And Youngman Convert Non-Binding MoU On Equity Investment Into Binding Agreement And Agree On Additional New Product Joint Venture Subject To Regulatory Approvals

Trollhättan, Sweden: Swedish Automobile N.V. (SWAN) and Saab Automobile AB (Saab Automobile) today announced the signing of final agreements with Pang Da Automobile Trade Co., Ltd. (Pang Da) and Zhejiang Youngman Lotus Automobile Co., Ltd. (Youngman), thereby converting the non-binding memorandum of understanding relating to the equity investment of Pang Da and Youngman announced on 13 June 2011 into binding

Press Release: Swedish Automobile, Saab Automobile, Pang Da And Youngman Convert Non-Binding MoU On Equity Investment Into Binding Agreement And Agree On Additional New Product Joint Venture Subject To Regulatory Approvals Read Post »

Editorial

An update on Saab’s situation from the inside

I’ve had a few people in comments ask about the current situation at Saab Automobile. I’ve also read a bunch of reports that continue to cover our apparent demise in the finest detail. From a personal point of view, I store those away and look forward to the best revenge – seeing Saab live well. It’s difficult to provide constant

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News

Press Release: Saab Automobile, Spyker, Pang Da And Youngman Enter Into MOU On Distribution/Manufacturing Partnership For China And Equity Participation

Trollhättan, Sweden: Spyker Cars N.V. (Spyker) announces today that Spyker, Saab Automobile AB (Saab Automobile), Pang Da Automobile Trade Co., Ltd (Pang Da) and Zhejiang Youngman Lotus Automobile Co., Ltd. (Youngman) signed a non-binding memorandum of understanding (MOU). The MOU includes an equity participation in the total aggregate amount of about EUR 245 million as well as a strategic alliance

Press Release: Saab Automobile, Spyker, Pang Da And Youngman Enter Into MOU On Distribution/Manufacturing Partnership For China And Equity Participation Read Post »

News

Press Release: Pang Da Advances EUR 15 Million Order For Saab Vehicles By 17 Days

Trollhättan, Sweden – Spyker Cars N.V. (Spyker) and Saab Automobile AB (Saab Automobile) today announced that Pang Da Automobile (Pang Da) has placed an additional order for 630 Saab vehicles. The order is valued at EUR 15 million and follows the successful visit to Saab Automobile’s facilities in Trollhättan last week by a number of senior Pang Da representatives, headed

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News

Ready for a re-start

It’s grey and raining in Trollhattan today, but you can’t wipe the smile from people’s faces around here. We’re about to start building cars again. It’s what we do and it’s hurt that we haven’t been able to do it for a while. It’s great to see the line lit up again, with people getting to their stations… They did

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News

Pang Da visiting Sweden and Saab facility in Trollhattan

An update from the inside…… Pang Da’s visit to Sweden began today. The program commenced in Stockholm, including several meetings with key stakeholders and authorities. Pang Da representatives met the Chinese Ambassador and then, later in the day, had discussions with representatives of the Swedish Government, among them Maud Olofsson. These meetings are important because part of the deal between

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Inside Saab Automobile

Rolling out the welcome mat…..

The view from our office today includes a welcome to our Chinese partners, Pang Da.

Rolling out the welcome mat….. Read Post »

News

About Pang Da Automobile Trade Co

Saab has signed a Memorandum of Understanding with Pang Da, otherwise known as the Pang Da Automobile Trade Co. Interested Saab fans might be asking who is this most recent of suitors for Saab Automobile? Here’s a little of what I’ve been able to find: Pang Da are essentially an automobile sales and service company. They are publicly listed, having

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News

Press release: Saab Automobile and Spyker Enter Into MOU With Pang Da Automobile On Distribution/Manufacturing Partnership For China And Equity Participation

Trollhättan, Sweden – Spyker Cars N.V. (Spyker) announces today that Spyker and Saab Automobile AB (Saab Automobile) signed a Memorandum of Understanding (MoU) with Pang Da Automobile Trade Co., Ltd (Pang Da), China’s largest publicly traded automobile distributor with over 1100 dealerships nationwide. The MoU includes a strategic alliance consisting of a 50/50 distribution joint venture and a manufacturing joint

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