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Spyker, Youngman agree on joint venture

Dutch supercar maker Spyker and the Chinese Youngman Group have agreed on a joint venture to build a new super sport utility vehicle and a group of sedans based on Saab's Phoenix platform. The SUV is scheduled to hit the market by the end of 2014, while no dates for the Phoenix-based sedan were announced. Youngman will invest 10 million euros in Spyker, 7 million of which will be for stock shares constituting 29.9 percent of the supercar company.

Investindustrial take 37.5 per cent stake in Aston Martin

InvestIndustrial – former owners of Ducati – have taken a 37.5 per cent stake in Aston Martin for £150 million. We’ve been proclaiming for more than a year that Aston Martin needs new investment, and AML finally confirmed as much a few weeks ago. And just yesterday we revealed a deal for Aston Martin was now a one horse race.

Rolls-Royce's revised Phantom meets bloggers

'Rolls-Royce only embraces new technology where it enhances the overall experience.' Reassuring words delivered calmly but assuredly in Germanic English by Jörg Bause, director of manufacturing for the Goodwood-based prestige car manufacturer. Somewhat surprisingly this wasn’t a crowd pleasing-speech designed to rouse an audience of loyal clientele, but rather to a small congregation of seasoned Southern journalists, television news reporters and... bloggers?