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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.

Do you own an iconic car? Would you like to feature in CAR magazine?

By Tim Pollard Motoring Issues 19 June 2014 14:49 Do you own an iconic car? Perhaps you own a mint original Mini or a landmark supercar? CAR magazine wants to hear from you.

Video: BMW’s beautiful Design Portrait of Karim Habib

We're often inundated with videos from OEMs. Many are thinly-disguised PR-laden party political broadcasts but occasionally we're presented with gems such as this Design Portrait of Karim Habib from BMW. Ok so we don't really believe the Head of Design, BMW Automobiles sits dreamily sketching at a perfect desk with only a delicate espresso for company or that he cruises Munich in a (gorgeous) 2002 tii oldtimer for inspiration, but as an insight into what makes Habib tick, his design philosophy, and how he came to be in such a position, it's a beautifully-shot treat.