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Spyker, Youngman plan to build Saab-based cars

Dutch supercar maker Spyker says it will form two joint ventures with China's Zhejiang Youngman to produce Saab-based vehicles and a luxury SUV under the terms of a deal that will give Youngman a 29.9-percent share in Spyker. Youngman was one of the Chinese companies Spyker turned to for investment when it was trying to revive the Saab brand under its ownership. After failing to get approval for the sale from General Motors, a former Saab owner, the deal with Youngman collapsed and Saab was declared bankrupt in December 2011.

Porsche sees double with new Turbo Cabriolet models

THE NEW Porsche 911 Turbo Cabriolet has been revealed ahead of its launch at the Los Angeles Motor Show. The model takes a largely familiar format to modals that have gone before it, but this time the German firm is releasing two Turbo models at the same time. The 513bhp Turbo Cabriolet will be the entry point to the forced-induction 911 duo, starting at £126,766 before options.

Richard Petty Experience branches out, adds exotic-car driving programs

Stock-car legend Richard Petty is in the market for a few new cars: a couple of Ferraris, a pair of Lamborghinis, an Audi R8 and a Porsche 911 GT3 RS. That's because the Richard Petty Driving Experience is branching out from offering rides and drives in NASCAR-style stock cars. Beginning in January, at least one of the Petty facilities will offer rides and drives in exotic cars.