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GM blocks Saab sale to China
Tue, 08 Nov 2011GM block Saab. No Saab 9-5 or 9-4X for the Chinese Last week we had the first reaction from GM to the announcement that Saab was to be sold to China’s Youngman and Pang Da. And it wasn’t positive.
Peugeot recall over airbag scare
Mon, 28 Apr 2014CAR COMPANY Peugeot is recalling some of its 5008 models in the UK due to a possible airbag problem. Friction wear can occur on the driver's seat wiring harness. This can lead to an electrical malfunction and may cause the unwanted triggering of the driver's seat airbag.
Saab go back for another Chinese
Mon, 16 May 2011Saab are saved (?) by Pang Da Auto There can’t be many companies in China who haven’t had Victor Muller banging on their door armed with a chunk of Saab stock in exchange for a hat full of Chinese currency. A couple of weeks ago we had the news that Saab had signed a deal with Chinese car Maker Hawtai for €120 million in exchange for a big chunk of Saab stock and lots of ‘joint’ venture. But that fell apart last week even before Victor Muller could get to consummate the marriage.