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Saab: China’s Youngman submits new $2 billion offer
Mon, 20 Feb 2012Youngman 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.
Jeep Grand Cherokee to get ZF 8-speed auto ‘box
Wed, 05 Oct 2011Jeep Grand Cherokee to get 8-Speed ZF Gearbox The latest version of the Jeep Grand Cherokee has only just arrived, but already Jeep are planning improvements with the confirmation that the Grand Cherokee is to get the new 8-Speed automatic gearbox from ZF. The 8-speed ZF auto ‘box should help all round with the new Grand Cherokee, which already offers the promise of an American SUV matching the expectations of European buyers and, more importantly, offering a viable alternative to the offerings in the premium SUV sector from the Germans. Not only does the new Grand Cherokee look able and promising, even with a relatively modest 3.0 litre diesel being the only engine on offer for the mainstream Grand Cherokees, but with a starting point of under £38k (and a top-end price of £44k) there’s a lot on offer.
Domino's Pizza Ultimate Delivery Vehicle contest winner announced
Mon, 22 Oct 2012Slovenia's Anej Kostrevc has been announced as the winner of the Domino's Ultimate Delivery Vehicle competition, launched in collaboration with Local Motors. Kostrevc's entry, dubbed ‘Pack', earned him $10,000 and Domino's has announced its intention to build a prototype based upon his winning design. ‘Pack' – which is reminiscent of the Renault Twizy – is a compact, agile vehicle with multiple storage solutions designed to easily navigate the urban environment while overcoming different weather and road conditions.