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Spyker, Youngman agree on joint venture

Dutch supercar maker Spyker and the Chinese Youngman Group have agreed on a joint venture to build a new super sport utility vehicle and a group of sedans based on Saab's Phoenix platform. The SUV is scheduled to hit the market by the end of 2014, while no dates for the Phoenix-based sedan were announced. Youngman will invest 10 million euros in Spyker, 7 million of which will be for stock shares constituting 29.9 percent of the supercar company.

SEAT IBE EV Concept at Paris

SEAT IBE Paris Concept How good’s your memory? Does the SEAT IBE Concept ring a bell? It should, because SEAT rolled out the IBE at the last major European Motor Show back in March at Geneva.

Audi TT Ultra Quattro concept (2013) first official pictures

This is Audi’s idea of a TT in the GT3 RS or Superleggera mould: the TT Ultra Quattro concept. Thanks to a ruthless diet and an uprated 2.0-litre TFSI turbo petrol engine, the all-wheel drive TT Ultra will launch to 62mph in 4.2sec, (1.3sec faster than a regular Audi TTS) and hit 173mph flat out. Just how light is the Audi TT Ultra?