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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.

2014 Nissan NV Passenger Van: Here's what it costs

Nissan has just announced pricing for the 2014 NV Cargo Van and NV Passenger Van, which are available at more than 350 Nissan Commercial Vehicle dealers. That's right: In case you haven't noticed, there's a passenger-van version of the NV commercial vans with room for 12 people. So it turns out the Nissan Cube isn't the most boxy passenger offering from the automaker after all.

GM to retool factory for new Impala

General Motors plans to idle the plant where it assembles the Chevrolet Volt plug-in hybrid for four weeks starting next month to retool for production of the all-new 2014 Impala and a small number of 2013 Malibus. GM will close its Detroit-Hamtramck plant from Sept. 17 until Oct.