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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.

Peugeot Exalt concept (2014) updated for Paris motor show

By CJ Hubbard First Official Pictures 05 September 2014 16:47 Peugeot has updated its Exalt concept car for the 2014 Paris motor show. Compared to the version that appeared at the Beijing motor show in April, the revised Peugeot Exalt features a new colour scheme, new materials – and an electric scooter in the boot. To recap, the Exalt is a large saloon that follows on from the Onyx concept of 2012.

Toyota overhauls engine plans

For years, Toyota Motor Corp. has put hybrids at the center of its powertrain-technology strategy, all but oblivious to the rapid fuel-economy advancements rivals have made in the humble gasoline engine. Meanwhile, Ford, Honda, Mazda, Hyundai, Volkswagen and others have turned to gasoline direct fuel injection and turbochargers.