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Saab: China’s Youngman submits new $2 billion offer

Youngman is committed to acquiring Saab The founder of China’s Youngman - Pang Qingnian – has revealed Youngman submitted a $2 billion offer to buy Saab from the administrators on 14th February. We’ve all seemingly written-off Saab as dead and buried; a once proud marque consigned to the scrap heap of history after the debacle of GM ownership and Victor Muller’s ill-fated battle to make Saab an in dependent marque. But there’s one man who hasn’t given up hope of securing a future for Saab, and that man is the Chinese billionaire founder of Youngman, the company which has already spent significant sums trying to acquire Saab, but has so far been thwarted by GM’s golden bullet.

Jaguar XJ, Porsche Panemera will be at Pebble Beach concurs as next gen model

The all-new Jaguar XJ will make its U.S. debut Aug. 12 at the 2009 Pebble Beach Conours d'Elegance, according to sources at Jaguar.

Chevrolet could bring bargain Aveo RS hot hatch to UK (2013)

Aside from the retro Camaro muscle car and new Corvette, Chevrolet’s car range doesn’t drum up a huge amount of lust in the UK – but a snippet of news from Down Under got us thinking that could change. Chevrolet’s fellow GM brand Holden has announced it’s going to sell an Australian-market version of the Sonic RS hot hatch, badged as the Barina RS. Why does that matter us?