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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.

Jaguar F-Type on video at Goodwood FoS

We have video of Jaguar’s Mike Cross taking the new Jaguar F-Type up the hillclimb at Goodwood as Jaguar show off their new toy. We thought we were pretty much done and dusted with news from this year’s Goodwood Festival of Speed, but as Jaguar has finally managed to edit a video of the new Jaguar F-Type at the FoS we thought it worth revisiting one more time. Jaguar made a bit of a show of the camouflaged F-Type at Goodwood – its first public outing – with guards standing outside the container the F-Type was housed in to keep sticky fingers and prying eyes at bay.

Schumacher won’t be back

Michael Schumacher's motor bike accident in February has spoiled his comeback Well. it appears that it is indeed a step too far for the 40 year old Schumacher. He suffered a neck injury earlier this year whilst out playing with motor bikes to get his adrenalin fix.