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China/Sweden: Saab secures new Chinese partner

Following the breakdown of its proposed deal with Hawtai, Saab’s parent Spyker has found a new Chinese backer. Spyker, Saab and Pang Da Automobile Trade Co have signed a memorandum of understanding covering distribution and production ventures in China. Pang Da is China’s largest publicly traded vehicle distributor. The agreement calls Subscribe to Automotive World … Continued

Following the breakdown of its proposed deal with Hawtai, Saab’s parent Spyker has found a new Chinese backer. Spyker, Saab and Pang Da Automobile Trade Co have signed a memorandum of understanding covering distribution and production ventures in China. Pang Da is China’s largest publicly traded vehicle distributor.

The agreement calls

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https://www.automotiveworld.com/articles/87159-china-sweden-saab-secures-new-chinese-partner/

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