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Saab China – Deal Dead

Saab has terminated the deal with Youngman and Pang Da Did we expect anything different? Saab has announced that the deal for Chinese companies Youngman and Pang Da to take a €245 million stake in Saab has been terminated. Saab say that they have terminated the agreement because Pang Da and Youngman have failed to confirm their commitment to the Subscription Agreement on the agreed terms, and the money the Chinese (according to Saab) were to pay by this weekend has not been received.

New Mercedes C-Class UK pricing & specs revealed – costs from £26,855

The 2014 Mercedes C-Class (pictured) costs from £26,855 The new Mercedes C-Class for 2014 was revealed in December – looking like a proper baby S-Class – and now we get the specifications and prices for the UK market ahead of its arrival in Mercedes showrooms. To start, there will be just two engines available – 2.0 litre four-cylinder petrol in the C200 and 2.1 litre four-cylinder diesel in the C220 BlueTec – and a choice of six-speed manual and 7-speed auto boxes and three trim levels – SE, Sport and AMG Line. Mercedes say the new C-Class will be the best equipped in its sector, and all models come with a touchpad to control the Infotainment functions, Climate, Media Interface and Artico upholstery.

Audi ARE buying Ducati

Audi to buy Ducati Audi has entered in to an exclusive deal to buy supercar bike maker Ducati in a deal said to be worth €250 million. The ‘For Sale’ sign has been discretely above the door at superbike maker Ducati for some time, and the money has been on Mercedes snapping up some two-wheeled prestige to add to its four-wheel stable. But it now looks like Audi has beaten them to the prize and look set to buy Ducatti.