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Saab turns down takeover offer from Chinese investors

Swedish Automobile, owner of Saab, has turned down a takeover offer from China's Zhejiang Youngman Lotus Automobile Co. and Pang Da Automobile Trade Co. Youngman and Pa Dang signed a nonbinding memorandum in July to take a combined 53.9 percent stake in Swedish Automobile for about $338 million.

Mercedes SLK 55 AMG and Ducati Streetfighter 848 in Bologna

Mercedes SLK 55 AMG and Ducati Streetfighter 848 set for Bologna The Mercedes SLK 55 AMG and the Ducatti Streetfighter 848 – both finished in ‘Streefighter Yellow’ – are set to appear at the Bologna Motor Show. It’s almost exactly a year since the announcement that Mercedes AMG and Ducatti were to work together to promote both the AMG and Ducatti Brands. But we’ve not really see a lot of evidence of their collaboration so far.

2015 Jaguar XE: everything you need to know

Jaguar will return to the crucial compact executive sector later this year with the all-new XE four-door saloon. The firm’s most important car in decades, Jaguar’s future expansion into a genuine Audi, BMW and Mercedes-Benz rival is based around this car. It’s vital the new Jaguar XE is a hit.