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Spyker, Youngman agree on joint venture

Dutch supercar maker Spyker and the Chinese Youngman Group have agreed on a joint venture to build a new super sport utility vehicle and a group of sedans based on Saab's Phoenix platform. The SUV is scheduled to hit the market by the end of 2014, while no dates for the Phoenix-based sedan were announced. Youngman will invest 10 million euros in Spyker, 7 million of which will be for stock shares constituting 29.9 percent of the supercar company.

Hey Craig Jackson, how did the auction go?

Plenty of people were surprised this week that the original Batmobile sold for $4.6 million* at Barrett-Jackson. And few were more surprised than Craig Jackson, the ringleader behind the mega-million-dollar auction in Scottsdale. The last time we spoke to him, he had estimated the original Batmobile to be worth somewhere around $2 million (later $3-4 million, as he now said).

Mercedes planning more Coupe SUVs to add to the BMW X6 challenging MLC

The Mercedes Concept Coupe SUV (pictured) looks to be just the first in a range of Coupe SUVs No one can be in any doubt that the Mercedes Concept Coupe SUV we saw revealed at the Beijing Motor Show earlier this month will turn in to a ‘coupe’ version of the ML, probably as the Mercedes MLC. What’s also clear is that the MLC is designed to steal a chunk of the market BMW has created for big, lifestyle, coupe SUVs with the X6; take away the Mercedes badge and the Concept Coupe SUV could preview the next generation X6. But with BMW taking their X6 formula and applying it to the X3 – creating the X6 on a boil-wash X4 – Mercedes aren’t going to sit back and let BMW create another lifestyle coupe SUV without responding.