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Saab gets small payment from Youngman after yesterday’s ‘misunderstanding’

Saab gets a small payment from Youngman What on earth are we going to do once the Saab Saga is resolved? The machinations and misunderstandings surrounding Victor Muller’s increasingly desperate quest to keep Saab alive has probably provided more stories than almost anything else this year. Yesterday’s Saab episode surrounded Pangda Chairman Pang Qinghua stating that the Saab deal was no longer valid since Saab went in to court protection in Sweden, raising the prospect of one of Saab’s creditors pushing the bankruptcy button rather swiftly.

Spyker Saab deal back on?

Victor Muller of Spyker has submiited a revised offer to GM for Spyker All very sad, we have to say. But also a little odd. Our esteemed leader (it’s Christmas bonus time!) was having a conversation with a friend on Friday morning on this very subject.

Lexus readies hybrid LS with V12 grunt, V6 economy

By Phil McNamara Motor Industry 03 June 2007 02:34 Lexus claims its new LS600h hybrid will return 29.7mpg – despite having 444bhp on tap. The company has announced new details of its flagship hybrid, which gets a European premiere at September's Paris motor show. Lexus claims that the petrol/electric hybrid drivetrain offers the performance of a V12, but with V6 fuel economy and emissions.