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.

Pagani Zonda R (2010) official promo video

Pagani is working flat out to ready its new C9 supercar for production, but that doesn't mean the current Zonda is being put out to pasture just yet. A year ago Pagani revealed the Zonda R, a track-only version of its seminal supercar. And now it's built a few of them the Italian company has got them together on track for a little fun.

Speakers confirmed for Interior Motives China Conference 2009

Seven new speakers have been confirmed for the 2009 Interior Motives from Car Design News conference in Shanghai, which will run from 21st - 23rd April. Brought to you by the team behind Car Design News and its quarterly interior design publication, Interior Motives, the conference will take place immediately after the two Shanghai Auto Show press days, and bring together the biggest names in Chinese, Asian and Western car design for a two-day program of interactive debate. Chaired by Director of the China Automotive Design Institute and former Nanjing Auto design director, Li-Chih Fu, this two-day summit will see some of the biggest names in the business gather in Shanghai to discuss the issues facing Western and Chinese carmakers searching for success in China.