1963 327 Corvette Bare Block.030 Bore #3782870 on 2040-parts.com

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.

Lexus LF-Gh Concept the new Lexus GS, or not?

The first Lexus LF-Gh tease It started with a website that proclaimed the arrival of the Lexus LF-Gh Concept at the New York Motor Show this month. And now it’s moved on to the first teaser photos. To be expected.

BMW Concept5 X5 eDrive revealed. It’s a plug-in Hybrid X5

The BMW Concept5 X5 eDrive (pictured) will debut at Frankfurt The arrival of the BMW Concept X5 eDrive ahead of its debut at Frankfurt next month doesn’t preview and immediate addition to the X5 range of a plug-in hybrid, but it does show what will be on offer in a year or two. Just like yesterday’s Mercedes S500 plug-in hybrid, the X5 eDrive is another example of how car makers have developed their way round CO2 taxation levels by throwing electric motors at ICE engines to create a car that offers impressive emissions and economy on official tests. In the case of the X5 eDrive that means a four-cylinder twin power ICE engine (BMW aren’t saying, but we’re assuming its a petrol engine), a 94bhp electric motor and a lithium-ion battery under the boot all working together to produce an X5 that is capable (at least in official tests, which is all that matters) of 74.3mpg and emissions under 90g/km.