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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.

BYD F3 Surui

The BYD F3 Surui replaces the outgoing F3 sedan, one of the most popular cars in the Chinese market. Based on the Toyota Corolla platform, the wheelbase of the F3 Surui has increased from 2,600mm to 2,660mm. While many Chinese manufacturers prefer employ well-known foreign design studios, such as Bertone and Giugiaro, BYD has eschewed that practice by relying on its own design team.

Bored of wheels? Wings are up for auction

ONE-TIME opportunities don't come much rarer than having a chance to buy the only Panavia Tornado F3 in private hands anywhere in the world. Or a Harrier jump jet, if you prefer, and what's more the Harrier's flying days might not be over. That's right: alongside around 100 classic cars and motorbikes, Silverstone Auctions is to sell both of these astonishing pieces of British aviation history – with no reserve.