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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.

GM and Bezalel Academy of Art and Design develop Windows of Opportunity smart glass tech [w/video]

General Motors' Research and Development has collaborated with Bezalel Academy of Art and Design's Future Lab students to conceptualize new ways in which rear seat passengers – who traditionally feel disconnected from their environment – have a richer experience on the road. The result is the Windows of Opportunity project, a series of applications developed by the Bezalel students and built into full-size prototypes using multi-touch and gesture sensing surfaces developed by ClickEye. The projects were: – Otto an animated character projected over passing scenery that responds to real-time car performance, weather and landscape.

Magna Steyr Mila concept

The Magna Steyr Aero light is the fifth concept car from the subsidiary of automotive supplier Magna. The Aerolight is an A segment car, that tips the scale at just 700kg. Powered by a CNG natural gas drive system, the Aerolight has CO2 emissions of just 55g/km.