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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.

Aston Martin at the Paris motor show 2008

By Ben Barry Motor Shows 03 October 2008 10:13 The buzz around Aston Martin continues. The now independent brand is teasing motor show visitors with a styling buck of the One-77 (the ultra-exclusive £1.2 million supercar that’ll be limited to a run of, yep, 77 when it arrives in 2009) that reveals just its front right and rear left aspects, plus there’s an automatic DBS on display and talk of exciting future Aston Martin projects. James Bond’s favourite Aston now comes with Touchtronic – a six-speed ZF automatic gearbox that’s borrowed from the DB9 but substantially beefed up.

Ford collaborates with DIY workshop for Detroit location

Detroit inventors will soon have access to the ultimate do-it-yourself workshop. Having joined forces with Ford, TechShop is scheduled to launch one of its open-access facilities in the Motor City this winter. The facility will provide artists and inventors with machinery they might not otherwise have access to, like sheetmetal equipment, CNC plasma cutters and three-dimensional printers.