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Saab China – Deal Dead

Saab has terminated the deal with Youngman and Pang Da Did we expect anything different? Saab has announced that the deal for Chinese companies Youngman and Pang Da to take a €245 million stake in Saab has been terminated. Saab say that they have terminated the agreement because Pang Da and Youngman have failed to confirm their commitment to the Subscription Agreement on the agreed terms, and the money the Chinese (according to Saab) were to pay by this weekend has not been received.

Longtime auto journalist David E. Davis Jr. dies

David E. Davis Jr., inarguably one of the deans of automotive journalism, died on Sunday, March 27, at age 80. Davis had been suffering from bladder cancer and underwent surgery a few days earlier.

Mercedes-Benz A-class patent renderings leaked

Mercedes-Benz unveiled a three-door concept version of its 2012 A-class at the New York and Shanghai auto shows in April, and images of a possible production model leaked this week via the European Patent Office. The renderings show a five-door hatchback version of the A-class concept with less aggressive styling. Its world premiere is said to be scheduled for the Frankfurt motor show in September.