After last failure, Pang Da confident of meeting China govt’s demands to run Saab

Spyker Cars, the owners of Saab and Chinese company Pang Da are confident that they will be able to meet the demands and regulations of the Chinese government in their tie up which will see Saab cars making further inroads into the Chinese market.

This came after the recent failure of meeting the demands by HawTai who initially confirmed their acquisition from Spyker for the Saab brand. Having done that, it is only normal that both companies are a bit more cautious so that they can meet what the government requires. Pang Da has started procedural authorities with the authorities and seeking for approvals.