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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.

Mitsubishi XR-PHEV Evolution for Gran Turismo 6 brought to life (video)

The Mitsubishi XR-PHEV Evolution for Gran Turismo 6 brought to life The lines between reality and virtual reality are becoming ever more blurred as so much of our lives play out on line, and nowhere more so than with concept cars. The latest virtual reality car brought to some sort of real world life is the Mitsubishi XR-PHEV Evolution Vision Gran Turismo concept (much like the VW GTI Roadster we saw recently) which is being made available for Gran Turismo 6. Sadly, the XR-PHEV Evolution is just a concept and isn’t intended to proclaim the future of the Mitsubishi EVO, even though it’s an enticing thought.

First Sight: Qoros 3 Sedan, Wagon and Cross Hybrid

'Drive New Answers'. That's the tagline for the all-new Qoros brand, a company set to take the European world by storm and shake up the status quo doing so. With an in-house modular platform, hybrid drivetrain and team of big hitters behind the company scenes there's plenty of reason to take this Chinese-Israeli joint venture very seriously indeed.