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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.

Volvo Concept Universe: Volvo aims high

Volvo Concept Universe - complete with spangly nose We got the tease on the Volvo Concept Universe, which is what you would expect in this age of pre-launch torment from car makers. And now we get the reality. And we’re not too sure what to think.

Mercedes now more affordable

MERCEDES-BENZ has announced a host of offers to make its cars more affordable, including three years of free servicing with the A-class hatchback. Those choosing the A-Class can also take advantage of Mercedes Agility Personal Contract Hire scheme to run an A180 SE from £249 per month for three years, with a deposit of £2743. The C-Class is also offered through the same contract hire programme from £285 for a C180 Executive SE saloon.