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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.

GTbyCitroen at Goodwood Festival of Speed – Confirmed

The GTbyCitroen Concept will tackle the Goodwood Hill Climb in July The GTbyCitroen will be at the Goodwood Festival of Speed between 3rd & 5th of July, and will tackle the 1.16 mile hill climb as part of the Sunday Times Supercar Run. But there is no word on who will be driving the Citroen GT, although our money is still on Race of Champions title holder, Sebastian Loeb. This tour of high-profile European Motoring events is a prelude to the limited production of the GTbyCitroen Concept, which was never actually designed to be built.

KISKA opens new design studio

Austrian brand management and design company KISKA has moved its design studio into a modern new building in Salzburg, Austria, just a few meters from its former location. The new headquarters boasts state-of-the-art workstations and has been built to enable the firm to prepare for expansion and new challenges in the years to come. Designed by Hofbauer architects, the 4700m² building was built in just one and a half years.