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Saab already restarted production, Pangda says

By Carmen Lee  From Gasgoo.comMay 21, 2011

Gasgoo.com (Shanghai May 20) - Saab has already restarted production, sources from Pangda told the Beijing Times today. The news comes after Pangda's agreement with Saab's parent company Spyker to invest 30 million euros ($42.82m) in the ailing Swedish automobile maker.

Furthermore, Pangda will be looking to open 50 dealers in the country by next year. In coordination with Saab's preferred market base, the dealers will be located in first- and second-tier cities.

As for the question of domestic production, sources close to Pangda were confident that Saab would be able to use its mastery of advanced technology to its fullest potential.


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