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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.

One Lap of the Web: Antarctic hot rods, Nissan BE-1 for sale and parting with a beloved Wagoneer

-- Here's yet another gem we first saw over at Hemmings: The first, and (so far as we know) only Antarctic hot rod ever built. It might be from 1968-'71; not much else is known, except that it was probably constructed by Navy SeaBees operating out of McMurdo Station. From the one photo we have, it looks like it could have a Jeep flathead four up front.

Fiat to launch an Elise named Dino

By James Foxall Motor Industry 19 September 2008 00:11 Fiat is planning a massive product offensive over the next three years and could re-launch the evocative Dino badge on a Lotus-derived sports car, CAR has learned. Not to be confused with the Dino of Ferrari fame, Fiat's version was all about affordable, stylish transport – and we could see the badge on a new Elise-based sports car due in three years' time. Fiat has entered into an agreement with Lotus so that it can develop its own version of the British company’s next Elise roadster.