There's a report that the chairman of Chinese auto dealer Pangda Automobile is confident that the deal for his company and Zhejiang Youngman Lotus Automobile to buy stake in Saab will go through.

His comments yesterday about the deal being void were a "misunderstanding."

I put "misunderstanding" in quotes because everyone else is.

I don't know what's happening. This is all so confusing. Click this to read the real story.

My goodness. This is quite a roller-coaster ride.

 

Source: Jalopnik, Reuters

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