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‘Old Pang’ spends another €15 million at Saab
Wed, 01 Jun 2011Pang 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 revives Vanquish name for DBS replacement
Tue, 19 Jun 2012Aston Martin is reviving the Vanquish name for the replacement of the DBS coupe, which will feature a full carbon-fiber body, a 565-hp V12 and a mass of engineering revisions in an effort to eclipse Ferrari's F12 Berlinetta. The Vanquish name goes back to the beefy, old-school model of 2001. Aston hopes that magic will rub off on its next flagship, a heavily revised version of the DBS made famous by its appearance in the Bond movie Casino Royale.
In memoir, Bush defends auto bailout to safeguard American jobs
Tue, 09 Nov 2010Former President George W. Bush is defending his $17.4 billion bailout of the U.S. auto industry in his memoir, Decision Points.