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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.

Daimler, Renault are set to share vehicle platforms and engines

Following a year of intensive high-level talks and secretive, behind the scenes strategy meetings, Daimler AG and Renault SA have agreed on plans that will see their car-making divisions--Mercedes-Benz, Smart, Renault and Nissan--share resources on a wide range of products. The move signals more consolidation within the European automotive industry. Daimler chairman Dieter Zetsche and Renault president Carlos Ghosn have set out three primary areas of cooperation that will see the carmakers share small-car and light-commercial-vehicle platforms, small gasoline and diesel engines, and electric drive systems.

McLaren P1 (2013) first look inside Britain's new supercar

McLaren’s latest update on the P1 supercar reveals the supercar's carbonfibre interior for the first time. We’ll see the production-ready P1 at the Geneva motor show on 5 March 2013, but in the meantime CAR also has the best-yet spy shots of the P1 testing in Spain, with the first glimpses of its finished interior architecture. Talk me through McLaren’s latest P1 release The latest update from Woking shows the P1's cabin, visible past a set of butterfly doors that ape its famous McLaren F1 predecessor.