The story of the potential transfer of shares in Saab to a company of the Far East now has a new episode, perhaps decisive Pang from the Chinese company car - the largest distributor of cars in the country - agreed to pay 65 million € for 24% of the shares of the Swedish manufacturer. Under the agreement signed - which must still be approved by the Chinese authorities and other shareholders - remains open the possibility of assembling vehicles in the shadow of the Great Wall, then marketed locally.
The news, in fact, remains a shadow of skepticism about experts since no later than one week ago a similar agreement with Hawtai was rejected by the authorities. Back in, then. Until the day today, which was announced the news of the signing of the memorandum which states that verses from Pang additional 30 million euros in the empty boxes Spyker (the Dutch company which owns Saab) against delivery of vehicles Chinese territory, with another 15 million payable within 1 month.
"This transaction - said a statement of Spyker - will ensure medium-term funds for Saab." Which will start production at the plant in Sweden, was temporarily stopped after some suppliers had refused to make deliveries to non-payment of dues. With the agreement has also created a joint venture between the two parties equal time to manage the distribution of Saab cars in China and another that will aim to produce cars on site with a brand new brand.
Pang Da, a strong network of over 1,100 dealers in the territory of the Asian country, also markets vehicles Homes like Audi, VW, Mazda and Honda. 
The news, in fact, remains a shadow of skepticism about experts since no later than one week ago a similar agreement with Hawtai was rejected by the authorities. Back in, then. Until the day today, which was announced the news of the signing of the memorandum which states that verses from Pang additional 30 million euros in the empty boxes Spyker (the Dutch company which owns Saab) against delivery of vehicles Chinese territory, with another 15 million payable within 1 month.
"This transaction - said a statement of Spyker - will ensure medium-term funds for Saab." Which will start production at the plant in Sweden, was temporarily stopped after some suppliers had refused to make deliveries to non-payment of dues. With the agreement has also created a joint venture between the two parties equal time to manage the distribution of Saab cars in China and another that will aim to produce cars on site with a brand new brand.
Pang Da, a strong network of over 1,100 dealers in the territory of the Asian country, also markets vehicles Homes like Audi, VW, Mazda and Honda.
- Saab teams up with new Chinese partner (16/05/2011)
- Saab secures investment from China's Pang Da (16/05/2011)
- Saab saved again, partners with China's Pang Da Automobile (16/05/2011)
- Report: Saab announces memorandum of understanding with China's Pang Da (16/05/2011)
- China automaker Great Wall denies talks with Saab (13/05/2011)
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