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Spyker, Youngman plan to build Saab-based cars

Dutch supercar maker Spyker says it will form two joint ventures with China's Zhejiang Youngman to produce Saab-based vehicles and a luxury SUV under the terms of a deal that will give Youngman a 29.9-percent share in Spyker. Youngman was one of the Chinese companies Spyker turned to for investment when it was trying to revive the Saab brand under its ownership. After failing to get approval for the sale from General Motors, a former Saab owner, the deal with Youngman collapsed and Saab was declared bankrupt in December 2011.

Fiat will buy the rest of Chrysler for $4.35 billion

Fiat has announced that it will purchase the rest of Chrysler in a deal totaling $4.35 billion. Currently, the outstanding 41.6 percent stake in the company is owned by the UAW's voluntary employee beneficiary association, or VEBA, trust. Under the terms of the deal, Fiat won't shell out all $4.35 billion.

Rolls-Royce Wraith (2013) second teaser of 600bhp coupe

This is part three of Rolls-Royce’s pre-Geneva motor show tease of its new Wraith coupe. We’ve already seen a ghostly interpretation of the Spirit of Ecstasy figurine, and a side profile shot that revealed a resemblance to a ’68 Mustang Fastback, and now Rolls has shown the rear of the Wraith, and made a few proud proclamations about just how powerful its new super-coupe will be. I can’t see much of the new Rolls-Royce Wraith… Unfortunately it’s another shadowy teaser from Rolls-Royce, in the same vein as the side profile silhouette.