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Saab: China’s Youngman submits new $2 billion offer

Youngman is committed to acquiring Saab The founder of China’s Youngman - Pang Qingnian – has revealed Youngman submitted a $2 billion offer to buy Saab from the administrators on 14th February. We’ve all seemingly written-off Saab as dead and buried; a once proud marque consigned to the scrap heap of history after the debacle of GM ownership and Victor Muller’s ill-fated battle to make Saab an in dependent marque. But there’s one man who hasn’t given up hope of securing a future for Saab, and that man is the Chinese billionaire founder of Youngman, the company which has already spent significant sums trying to acquire Saab, but has so far been thwarted by GM’s golden bullet.

Hyundai Santa Fe replaces V6, adds turbo power for 2013

Hyundai launched the third generation of its Santa Fe SUV on Aug. 20. It will come in two sizes: a five-passenger model similar to the outgoing model and a longer-wheelbase, seven-passenger vehicle.

Volkswagen Golf Estate Bluemotion stars at the 2013 Frankfurt Motor Show

2013 is the year of the Golf – and at this year’s 2013 Frankfurt Motor Show, there’s even more for Volkswagen to shout about with its super-frugal Golf Estate Bluemotion. The current MK7 VW Golf is the 2013 World Car of the Year, and in 2013 Volkswagen has already released the brilliant Golf GTI, practical Golf Estate and ultra-efficient Golf Bluemotion. And alongside the hot Golf R also here at Frankfurt 2013 is this, the Golf Estate Bluemotion.