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Spyker, Youngman agree on joint venture

Dutch supercar maker Spyker and the Chinese Youngman Group have agreed on a joint venture to build a new super sport utility vehicle and a group of sedans based on Saab's Phoenix platform. The SUV is scheduled to hit the market by the end of 2014, while no dates for the Phoenix-based sedan were announced. Youngman will invest 10 million euros in Spyker, 7 million of which will be for stock shares constituting 29.9 percent of the supercar company.

Tokyo motor show 2011 - a walkaround review

Two years ago, in the midst of the worldwide financial crash, the 2009 Tokyo motor show felt like a tiny regional event as Western manufacturers abandoned ship. Not this year. The 2011 Tokyo motor show was different, with Audi (A1 Sportback), BMW (ActiveHybrid 5) and VW (Cross Coupe concept and Passat Alltrack) all unveiling new metal.

Audi Urban Concept

Audi has released additional photos and information on the Urban Concept, which is set to make its debut at the Frankfurt motor show in September. As we previously reported, the new car – touted by Audi as a 'new kind of concept car' that combines aspects of a racing car as well as a fun-to-drive urban vehicle – is a diminutive two-passenger vehicle powered by two e-tron electric motors. Measuring in at 3200mm long, 1700mm wide and 1200mm tall, the Urban Concept is expected to weigh less than 500kg, thanks largely to a cockpit made from CFRP.