What is Pangda ?

Pangda is Saab’s newest savior, but what is it and what does it do?

- name: Pangda Automobile Trade Co Ltd
- alternative English name: Power Diversity Automobile Trade Co Ltd
- website (English): www.pdqmjt.com
- engaged in the distribution, repairing and maintenance of automobiles.
- listed at the Shanghai Stock Exchange, China. (601258.SS)
- CEO: Pang Qinghua, 55, worth 1.1 billion USD. Lives in Tangshan, Hebei Province. Number 1057 on Forbes’ World Billionaires List.

- Headquarters: Tangshan, Hebei Province.
- distributes cars under 49 brands, including Benz, Audi, Subaru, Volkwagen, Honda, Toyota and Hyundai.
- distributes trucks under 15 brands, including Auman and Jiefang.
- distributes mini coaches under 10 brands, including Wuling, Hafei and Jiabao.
- distributes agricultural vehicles under six brands.
- distributes engineering machinery vehicles under six brands.
- owns 926 sales outlets, 699 automobile exclusive agencies (including commercial vehicles), 176 automobile markets, and eight specialty automobile markets.

Source : carnewschina.com



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