Reuters came up with that one today:
An agreement between Saab and Chinese car company Pangda for an investment in Saab is no longer valid after the Swedish car maker entered bankruptcy protection, the Pangda chairman said on Wednesday.
Pang Qinghua was speaking to reporters on the sidelines of an industry forum in Chengdu.
Pang added that the Chinese side has not yet submitted a proposal to the Chinese government regarding the Saab deal.
Instantly there was a comment on that by Gunilla Gustavs (ttela.se):
– We do not understand at all what this might involve. We have met Pang Da as late as yesterday, and everything is on track. There must be some misunderstanding. There is something not right here, says Ms Gustav at Saab’s information department said.
Honestly I think that quote without context or even a question he answered that to it says nothing. If he wanted to express that the agreement is no longer binding but they are still working on it (which they are obviously doing right now) this quote is just non-relevant. I know that every news service is jumping on that right now but I’d really ask you to keep calm and carry on until we get some more information.