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Saab: China’s Youngman submits new $2 billion offer
Mon, 20 Feb 2012Youngman 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.
911 GT3 recall update: Porsche reportedly replacing all engines
Mon, 17 Mar 2014Porsche recalled all 785 2014 GT3s on the road last month for an unexplained problem that could cause the engine to catch fire. The company told owners to stop driving the cars immediately. Two vehicles in Europe caught fire after engine damage occurred.
Vauxhall ADAM with new 1.0 ECOTEC 3-Cylinder engine will debut at Geneva
Mon, 17 Feb 2014The Vauxhall ADAM (pictured) gets the new 1.0 litre 3-pot ECOTEC engine At the Frankfurt Motor Show last year, Vauxhall announced they would be offering the Vauxhall Adam with their new 1.0 litre 3-cylinder ECOTEC engine in 2014, and we now know it will debut at the Geneva Motor Show next month before going on sale in the spring. The new 1.0 ECOTEC 3-Cylinder engine is Vauxhall’s answer to Ford’s 1.0 litre EcoBoost proliferating across Ford’s range, and if it’s half as good as Ford’s unit it should make the 3-pot Adam a fun and appealing option. Available in two states of tune – 89bhp or 113bhp – with both delivering 122lb/ft of torque and with a new 6-speed manual ‘box that’s 30 per cent lighter, the new engine delivers 30 per cent more torque than Vauxhall’s 1.6 litre petrol but can manage 62mpg and emissions of 99g/km for the 89bhp version.