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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.

Alfa Romeo MiTo Live launches

Alfa Romeo has launched a limited edition MiTo – the MiTo Live – with a Pioneer App radio and Marmalade ‘Black Box’ Insurance aimed at new drivers. So on the engine front the MiTo Live gets Alfa’s 875cc two-cylinder turbo – a crackingly good little engine – which delivers up a modest, but fun, 85bhp with emissions of 98g/km and the promise of 67.3mpg if you drive like a saint. And if you do drive like a saint, there’s a cost saving beyond great fuel economy.

CDR Trend Insight – Downsizing the ‘Allroad’ Aesthetic

The ‘Allroad' aesthetic is trickling down to the A-segment. The look is so-called because it was led by Audi's range of Allroad products, which raise the ride height, add lower body cladding and subtly change detailing of the mainstream estate car products. Volvo's XC and Skoda's Scout models do similar things, but until now, we've not seen this aesthetic approach applied to the smallest segment of cars.