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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.

Ian Callum on Jaguar

Ian Callum never grew up a rich boy, but his friends did. His father worked as a lawyer in Dumfries, a market town of 43,000 in the lower corner of Scotland, where the Solway Firth narrows to a point. When you travel, Callum reminisced, you forget how beautiful it is.

Porsche lineup takes shape for Rennsport Reunion at Mazda Raceway

More than 350 retired Porsche race cars will participate on track at the Mazda Raceway Laguna Seca during the Porsche Rennsport Reunion IV, Oct. 14-16. Many of the participating cars have tackled the 11-turn Mazda Raceway during professional racing days.