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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.

Hood-ornament quiz--the answers

Were you able to separate the Cadillac from the Packard in our hood-ornaments challenge in the April 5 issue of AutoWeek? We wanted to know whether you could identify eight classic cars solely by their hood ornaments. Here's the place to confirm your car-knowledge prowess, or to recalibrate your hood-ornament history.

TMS Geneva motor show 2009 blog

Dacia Duster at the Geneva motor show 2009 By TMS Motor Shows 05 March 2009 15:45 Ok so, initial impressions, here we go! Give Hummer the finger, get butterflies from Zonda. Disappointed by Bentley, fly past another CCX edition.