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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.

Porsche Cayenne GTS (2012) first official pictures

For those who prefer to take their sporting SUV strictly turbo-free, Porsche has unveiled the racier GTS variant of its benchmark Cayenne. Weighing in at a hefty £67,147 before you've tackled the infamous Porsche options list, the Cayenne GTS lands in UK showrooms in July 2012. Porsche Cayenne GTS: what's special about it?

Peugeot designers bring kids' car designs to life

Peugeot designers have brought six childrens' car sketches to life by rendering them as a prize for the 'Draw Me The Car of 2020' design competition, launched in collaboration with children's magazine Okapi. The six 10-15 year old winners – Clement, Thomas, Lena, Tom, Leo and Gaspard – were able to see their dream cars realized by Peugeot designer Olivier Gamiette, who worked on the EX1 concept car. Peugeot presented the first placed winner, Thomas, with a 270mm by 140mm model of his design at an awards ceremony held at the carmaker's design center in Velizy, France.