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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.

Jaguar brings one-off XKR, Gentilozzi rocket to Goodwood

Jaguar will have an auspicious presence at the Goodwood Festival of Speed this weekend: it's bringing a one-off, lime green XKR and the record-breaking XFR driven by Paul Gentilozzi at the Bonneville Salt Flats. The one-off XKR is called the Goodwood Special and is based on a 2010 model-year car. It has 21-inch wheels, a lowered ride height and a louder exhaust system.

Ferrari plan VIP club so ‘Elite’ get limited edition Ferraris. How Silly.

Ferrari VIP Owners Club - for cars like the SA Aperta It seems Ferrari are planning an elite club of VIP Ferrari owners who will get the chance to buy limited edition Ferraris first. When Ferrari has a special car – like an Enzo or the new Aperta – there are never going to be enough cars to satisfy the list of potential customers. Which is the point.