IMPORTANT NEWS: National Electric Vehicle Sweden has agreed to buy the assets of Saab Automobile and the sale is expected to be finalized during the summer.

Thursday, May 26, 2011

Pang Da has arrived in Trollhättan

The delegation from Pang Da, the Chinese partner of Saab and hopefully soon to be part owner of Saab, has arrived in Trollhättan. Swedish TTELA has a picture on their website:

They were of course driven to Saab's facilities in a new Saab 9-5!

As reported earlier today, Pang Da will also meet Sweden's Minister for Enterprise and Energy, Ms. Maud Olofsson, later today at the Ministry in Stockholm.

TTELA reports that representatives of Pang Da will also meet with the Swedish National Debt Office (NDO) later today during their visit in Stockholm. The NDO is one of the institutions that will have to decide whether to approve Pang Da as part owner of Saab or not. It is expected that the NDO will need a few weeks to finish their review.