Pang Da

  • Aptera 2e

    Last week, something miraculous happened: after more than a year of being prepped for burial, Saab rose from the dead. Of course, there had been previous attempts to revive the quirky car company -- notably, one led by Chinese investors Pang Da and Youngman (subsequently, a Chinese bank and Youngman). However, General Motors 86ed those efforts, because even though GM no longer owns Saab, it does own much of Saab's technology. Given China's passing acquaintance with intellectual property laws, GM worried that selling Saab to a Chinese conglomerate would be like publishing its trade secrets on...

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