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VW Golf R Launched

The Volkswagen Golf R has launched at Frankfurt Update 31/10/09: VW Golf R UK Detail now released. We reported yesterday on much of the detail on the new Golf R, but the Golf is such a big deal for so many that we thought we ought to re-iterate, throw in a few pictures of the Golf R on the floor at Frankfurt and re-cap on the goodies on offer. The Golf R gets the same powerplant as the Scirocco R, but it also adds Volkswagen’s 4Motion AWD to the mix.

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.

Lamborghini Countach LP400 breaks $1 million sale barrier

A 1975 Lamborghini Countach LP400 "Periscopica" sold for $1.21 million at the Bonhams auction held in conjunction with the Greenwich Concours d'Elegance on Sunday, June 1, setting a record for the model. Named for the roof-mounted periscope-style rearview mirror that adorned the first 150 Countach models, the stunning "Blu Tahiti" example was the first example of the Countach to break the $1 million mark. We can probably guess what you're thinking: The Countach hadn't broken the $1 million barrier until now?