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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.

New Renault Twingo revealed ahead of Geneva 2014 debut

Renault claims to have revolutionised the city car segment just over 20 years ago with the original Twingo – a small, cheap and frugal car that was great for punting around the back streets of Paris. For 2014 the Renault Twingo is back – and how, with the new third-gen car sporting some clever and innovative features. Volkswagen, SEAT and Skoda, watch out: there’s a new urban runabout in town.

Skoda Fabia (2015) unveiled: first pictures of Czech supermini

By Tim Pollard First Official Pictures 19 August 2014 08:00 Czech HQ has issued this pair of pictures of the new 2015 Skoda Fabia. They reveal a conservatively styled supermini in the vein of a shrunken Octavia with a dash more sophistication than today’s workaday hatch. The new, third-generation Fabia sticks with the crisp, defined surfacing that has come to represent Skoda’s ascetic formality.