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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.

Jaguar XKR unveiled at Detroit auto show 2009

By Tim Pollard Motor Shows 12 January 2009 22:46 Jaguar has had a busy Detroit, unveiling not just the new XFR super-saloon and its one-off, tricked-up 225mph salt-flats saloon special, but also the revised XK range.Echoing the changes to the XF range (and in the coming months, most of the Jaguar Land Rover range), the 4.2-litre petrol V8 has been upgraded to the new 5.0 V8. Jag calls it the third-gen AJV8, reflecting its growth through the years from its 4.0-litre origins. The latest engine benefits from direct injection for more precise control over the combustion process.The end result?

2015 Jaguar XFR-S Sportbrake roars ahead of Geneva motor show debut

International auto shows are mixed blessings. On the one hand, we love seeing what's going on in other markets; on the other, we hate being tempted by cars that will never, ever make it stateside. In Tokyo, it's tiny, toylike econoboxes.