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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.

Skoda GreenLine – Now even more economical

The Skoda Fabia GreenLine Skoda has announced that they’re sticking a new generation of GreenLine engines in across their range and adding GreenLine versions of the Yeti and Superb Estate, so you can be frugal whatever Skoda model you opt for. Every single GreenLine model gets a tweak to squeeze more from every gallon. The newly ‘greened’ Yeti gets the all new 103bhp 1.6 litre diesel with stop/start and brake energy recuperation, as does the Octavia GreenLine and the Superb GreenLine.

1949 Ferrari 166MM Touring Barchetta heads for the auction block

A 1949 Ferrari 166MM Touring Barchetta will headline RM Auctions' Automobiles of Arizona event, Jan. 20-21 in Phoenix. This 166 MM, serial number 0024 M, was originally commissioned for the 1949 Paris motor show, where it was shown in yellow and blue, the racing colors of Argentina.