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Saab China – Deal Dead

Saab has terminated the deal with Youngman and Pang Da Did we expect anything different? Saab has announced that the deal for Chinese companies Youngman and Pang Da to take a €245 million stake in Saab has been terminated. Saab say that they have terminated the agreement because Pang Da and Youngman have failed to confirm their commitment to the Subscription Agreement on the agreed terms, and the money the Chinese (according to Saab) were to pay by this weekend has not been received.

2013 Porsche Cayman: LA Auto Show (video)

The 2013 Porsche Cayman has arrived at the Los Angeles Auto Show with more power, less weight, better economy and is lower and longer than the old Cayman. The new Cayman gets a redesigned platform that manages to improve weight distribution and drops weight too. It also means that the Cayman changes shape too (well, as much as a Porsche ever does) and grows by 35mm in length and sits 10mm lower too for an even more Boxster-like look.

2013 Mercedes C-Class gets a tweak

Mercedes has updated the C-Class for 2013 with new trim levels, lower emissions and new equipment. AMG Sport model added. Mercedes-Benz has decided it’s time to tweak the C-Class for the 2013 model year with a raft of changes to make the very good C-Class even more appealing.