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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.

Hyundai HCD-14 concept revealed

Hyundai has given us a sneak preview of its HCD-14 concept vehicle ahead of its debut next week in Detroit. The teaser shot shows a prominent feature line extending from the headlamps to the tail lamps and highlights plenty of curves. It's likely to preview the next-generation of the popular Hyundai Genesis, slated for 2014.

Saab production restarts – again.

Saabs are once more rolling out in Trollhattan Of course, we nearly got here before when Saab went courting China’s Hawtai Motor Group, but that deal fell apart when the Chinese government refused to sanction the deal. Or Hawtai pulled out. Depending on which version you believe.