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Holland, Michigan, US
‘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.
Bob Lutz reportedly to stay on at General Motors
Thu, 09 Jul 2009Bob Lutz, General Motors vice chairman and internationally renowned product guru, has reversed his retirement plans and is expected to stay with the remade car company as it charts a new path out of bankruptcy. Multiple media outlets are reporting Lutz, 77, has changed course and will not retire from GM at the end of the year as he had planned. Automotive News, citing anonymous sources, says the veteran industry leader will stay on at the company, possibly in a marketing or communications role--and could have product input.
2009 Ford KA Review – Running Costs
Tue, 09 Jun 2009Cars UK [rating:4.0] The Ford KA is economical around town with either the petrol or diesel engine But the diesel car comes at a £700 premium and frankly, unless you are a very high mileage motorist, the additional cost of diesel, and the relatively small real-world difference in fuel consumption, makes the petrol car the better buy. The petrol car is also nicer to drive. Residual values were always a weak point with Ford.