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.

Renault Scenic XMOD (2013) first official pictures

This is the new Renault Scenic XMOD. Following the Kaptur compact-crossover, it's Renault's latest attempt to jump on partner Nissan's niche-building bandwagon. Replacing the regular Scenic MPV in the Renault range, the XMOD adds a dash of utilitarian crossover pretensions to the mumsy Scenic.

Subaru BRZ (2012) insurance groups announced

Subaru has announced the BRZ sports car will fall into insurance group 30, with higher-end SE Lux models in group 31. How does the Subaru BRZ's insurance compare to its rivals? Tricky question, since the BRZ, as a £25k, rear-drive 2+2 coupe, doesn't have much in the way of brand new, direct rivals (save for its Toyota GT86 sister of course).