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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.

Volvo Estate Concept (2014) first official pictures

By Ollie Kew First Official Pictures 27 February 2014 11:00 This is the Volvo Concept Estate, which will be shown at the 2014 Geneva motor show. It’s a true three-door shooting brake wagon: Volvo claims it points strongly toward the future design of its V70 and XC70 estate models. Rather than going down the swooping roofline/thick pillars route for his shooting brake design, Volvo’s new design boss Thomas Ingenlath was inspired by the P1800 ES of the 1970s.

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.