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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.

New Mercedes ML to be the Mercedes GLE

The Mercedes Concept Coupe (pictured) will arrive as the Mercedes GLE Coupe Car makers’ model ranges have grown massively in recent years and that, in a lot of cases, has left traditional model designations floundering to inform potential buyers. Mercedes has made some moves of late to address the lack of clarity in model designations (the Mercedes CL, for example, has become the new Mercedes S-Class Coupe), and new models have started to arrive with more descriptive names. Models like the CLA (a coupe from the A-Class range) and GLA (an SUV/Crossover from the A-Class range) and that looks set to be extended when the next Mercedes ML and ML Coupe arrive in 2015.

BMW M3 engine shown

By Ben Barry Motor Industry 23 March 2007 01:18 BMW has revealed detailed specs on the all-new 4.0-litre V8 that’s soon to be slotted into the all-new M3. Power is confirmed at 420bhp with 295lb ft peak torque available from 3000 to 7000rpm. The engine – made at the same foundry as the BMW Sauber F1 team’s V8 and derived from the same architecture as the M5 and M6 V10 – looks set to dispel any fears M purists may have had that the M3 would be transformed into a nose heavy, slow revving behemoth.