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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.

BMW 2 Series Active Tourer gets (slightly inappropriate) M Sport Package

The BMW 2 Series active Tourer moves to the butch side with an M Sport Package Purists moan, but the BMW 2 Series Active Tourer MPV is a sensible move by BMW and aimed at BMW lovers who need a BMW equivalent to the Mercedes B Class; a premium family car for shifting kids and stuff around. Using the same platform as the all new MINI, the 2 Series Active Tourer is BMW’s first front wheel drive car, although a 225i Active Tourer will go on sale in November complete with BMW’s 4WD xDrive. But the 2 Series Active Tourer wouldn’t be a BMW offering unless it also came with the option of an M Sport Pack, which is exactly what will be on offer – however unsuited the Active Tourer may seem for such sporty embellishments – when the xDrive Active Tourer arrives in November (although the M Sport Pack will be offered across the whole Active Tourer range).

Volvo S60 Polestar goes in to production

It sounded like a plan to put it in to production – even if it would probably need twin turbos to make it nicely wieldy on the road – and that’s exactly what Volvo and Polestar have done. The Volvo S60 Polestar has gone in to limited production, initially for the Australian market, but instead of the mighty 508bhp of the concept it has to make do with a more pedestrian 350bhp, little more than the V60 we reviewed last year with the Polestar upgrade. But the extra power is enough to get the production S60 Polestar to 62mph in 4.9 seconds and, thanks to tweaks to the suspension, brakes and aerodynamics, the S60 Polestar looks like it will be able to handle the power quite well.