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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.

Design Contest: AutoStyle 2011

The newly renovated Polirone Abbey in San Benedetto Po, Italy, will again play host to the Autostyle design competition on October 6th and 7th. Now in its eighth edition, the event is more than just a design contest; it is also a workshop on the state of the auto industry. Devised by Roberto Artioli, managing director of Berman SpA, an OEM parts and genuine accessories designer and supplier, and Fulvio Cinti, Director of Auto & Design magazine, the event will honor the winners of this year's competition and present a total of five awards to 12 finalists, which have been selected out of 80 applicants from different design schools.

Goodwood FoS really does create sales for supercar makers

Is the Goodwood Festival of Speed just an excuse for petrolheads to gather, or do supercar makers actually see sales rise as a result? If you’re a real petrolhead, there really is no better car show on earth than the Goodwood Festival of Speed (which starts this weekend). Yes, other car shows offer some of what Goodwood does – Villa D’Este, Pebble Beach and Salon Prive are all very good – but none have the depth of petrolhead goodness you’ll find on offer at Goodwood.