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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.

Ford supercars

By 29 July 2008 09:00 The Blue Oval might be more at home building Escorts and Mondeos, but it too has dabbled in the superecar arena in the past four decades. And considering the company's main engineering focus, the two supercars it has built both qualify for CAR's landmark supercar status. The original GT40 was a rude shock to Maranello and took a string of racing victories home as proof; the newer GT was equally adept and more than one magazine placed it ahead of its Italianate contemporaries.

Lada 'ready to sell in Western Europe by 2013'

Lada is set to relaunch in western Europe - including the UK - by 2012-2013 to counter the threat of Chinese car makers, senior sources admitted last night. Renault's global marketing senior vice president, Stephen Norman, told CAR that Renault-Nissan's stake in Russian firm AvtoVaz would help bring about the return of Lada to Britain. 'The UK is one of the few markets where Lada was a success,' said Norman.