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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.

Citroen Survolt Art Car (2010) first pictures

Citroën has unveiled a new 'Art Car' version of its Survolt electric sports car concept. Designed by Francoise Nielly, the Survolt is a riot of colours, with pink, yellow and green spolodges dominating its nose. Where's Brian Sewell when you need him?

Proposed M1 Concourse car condos a country club for car buffs

Brad Oleshansky's a "car fanatic" who spends time cruising Detroit's Woodward Avenue, getting shooed out of parking lots by business owners. He sought a space conducive to show and work on cars. "I tried to envision a project where we could capture that whole scene in one destination," he said.