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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.

Jody Scheckter turns farmer

Jody Scheckter Mercedes-Benz By Ben Whitworth Motor Industry 26 August 2008 10:11 Ever wondered what happens to F1 world champions when they hang up their race suits? Jody Scheckter – the last man to give Ferrari a world championship in 1979 before Michael Schumacher stepped in – has traded in the glamour of the pit lane for farming. The owner of the award-winning Laverstoke Park farm and acclaimed organic expert, South Africa-born Scheckter has sealed a deal with Mercedes-Benz World to supply the experience centre’s Gullwing Restaurant with organic food from his Hampshire farm.

Marketing plan for the Scion iQ features parking, driving 'n' donuts

Part of Scion's quirky appeal to Gen Y is a knowing sense of not taking itself too seriously. After all, they're just cars, right? For the marketing launch of the Scion iQ minicar, Scion will have a brief spate of TV commercials that highlight the car's minute size and grand sensibilities.