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‘Old Pang’ spends another €15 million at Saab

Pang Qing Hua - Pang Da boss - thinks Saab are 'Great, great, great'! The ‘Old Pang’ bit isn’t our derogatory name for the head of China’s Pang Da – who are busy getting in to bed with Saab – but is how the Beijing Times referred to Pang Da boss Pang Qing Hua on his return from Saab;  ’Old Pang Returns from Sweden’, they said. We have no idea how old Pang Qing Hua is, but he’s old enough to have amassed a few bob from owning a huge car distribution network in China, and is flush with cash from a recent floating.

New car sales up for 28th consecutive month

THE STEADY ADVANCE of new car sales shows no sign of slowing down. There were 228,291 new registrations in June, a 6.2% rise on the total for June 2013, the Society of Motor Manufacturers and Traders (SMMT) said. Last month was the 28th consecutive month of growth and means that sales for the year so far have reached more than 1.28 million - a 10.6% rise on the first six months of last year.

A sideways look at the Goodwood Festival of Speed 2012

Car design enthusiasts without even a passing fondness for a carefully calibrated engine note may struggle at the Goodwood Festival of Speed. A quiet place for the contemplation of automotive art it is not. However, the sheer scale and variety of vehicles on offer – crucially moving as well as static – is what makes the event, set within Lord March's huge country estate on England's south coast near Chichester, like no other in the world.