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Audi says U.S. will get clean diesels at a premium

Audi CEO Rupert Stadler says American consumers will get more clean diesels--but they will pay a premium for them. “I think the problem is that we don't really have an honest discussion,” Stadler said in a press roundtable at the auto show here. “There is a very, very high level of investment, and nobody today knows if the return will come,” he said.

Toyota previews two new Geneva-bound concepts

Toyota has released the first images of its FT-86 Open and i-Road concepts ahead of their debuts at the upcoming Geneva motor show. The carmaker's FT-86 Open concept previews a potential future development of the GT86 sports coupe. Toyota is using the concept to gauge public reaction while carrying out engineering tests on a prototype.

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.