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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.

Union calls on Nissan to recognise workers

Nissan must surely be on the crest of a wave right now, celebrating its success at the 2014 What Car? awards, where it picked up the reader’s choice prize for the next generation X-Trail, and saw the all-new Qashqai take both the small SUV and the overall Car of the Year trophy. It’s also just announced that its Sunderland plant – where the old and now the new Qashqai are assembled – has built over a million vehicles in the last two years.

Jaguar unveils XJ hybrid test car in U.K.

Jagaur will show off a plug-in version of its XJ sedan at the 2012 Cenex Low Carbon Vehicle event Sept. 5-6 in the U.K. The two-day exhibition showcases low-emission vehicles and other alternative powertrains.