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Saab: Turkey’s Brightwell Holdings & China’s Youngman vie for Saab

Will Saab end up in Turkish or Chinese hands? Despite its bankruptcy, it seems China’s Youngman and Turkish equity form Brightwell Holdings ar planning on staging a bid. Saab may be bankrupt – and its car heritage from the Saab Museum up for sale – but that hasn’t stopped interest in Saab as a viable car maker from prospective suitors.

New Ford Fiesta ST sales double expectations – production increased

Ford Fiesta ST (pictured) is selling so well Ford is having to increase production The new Ford Fiesta ST may have taken longer to get from concept to showrooms than expected, but now it’s here it’s proving to be a big hit for Ford. Ford finally managed to get the new Fiesta ST in to production in February, and at the time we commented that we thought the new ST would be a big hit with buyers. That’s down not just to how good the new Fiesta ST is, but because it comes at a very appealing price – just £17k for the regular ST and £1k more for the much better equipped ST2 – which undercuts Peugeot’s 208 GTI by £2k whilst offering similar performance but better dynamics.

Ford Escort set for Beijing motor show debut

Ford is set to unveil a production version of the Escort sedan at the China auto show this month in Beijing, meant exclusively for the Chinese market. The Escort was previewed in near-production concept form last year at the Shanghai motor show, and is meant to take on competitors positioned just above the Ford Focus sedan. Even though the Ford Escort has been absent from the automaker's global lineup since 2000, Ford of China is reviving the nameplate for this sub-Fusion/Mondeo model which will compete with cars such as the Volkswagen Sagitar and Chevrolet Cruze in the Chinese market.