I think Pang Da knows what they are doing.... - Saab General Bulletin Board - Saabnet.com
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I think Pang Da knows what they are doing....
Posted by Mark from Toronto (more from Mark from Toronto) on Fri, 23 Sep 2011 10:48:22
In Reply to: You are right..., Stan, Thu, 22 Sep 2011 21:56:42
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This purchase is very diffrent for many reasons. Youngman is already a producer and does not really plan to increase production beyond the capacity they already have. The purchase of SAAB offers the opportunity to start EXPORTING cars, and also for Pang Da to sell more Chinese cars as opposed to Euro branded Audis and MBs etc.... Also the technology transfer is significant unlike the Hummer purchase which was primarily branding. So no one knows, it depends ultimately on the political connections possessed by Youngman and Pang Da executives.
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