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Saab China – Deal Dead

Saab has terminated the deal with Youngman and Pang Da Did we expect anything different? Saab has announced that the deal for Chinese companies Youngman and Pang Da to take a €245 million stake in Saab has been terminated. Saab say that they have terminated the agreement because Pang Da and Youngman have failed to confirm their commitment to the Subscription Agreement on the agreed terms, and the money the Chinese (according to Saab) were to pay by this weekend has not been received.

Coventry University design graduates develop iconic youth car

Three graduates from the Coventry University MA Automotive Design course have created an iconic vehicle for the year 2020. Kazunori Inomota, Edward Stubbs and Mujammil Khan-Muztar designed the Rebel concept, a project that began in March this year, to incorporate aspects of Japanese 'Harajuku' gangs - where teenagers create their own fashion to deliberately try to stand out from their peers - and Toyota's youth-oriented Scion brand. Drawing styling cues from the Scion xB and the Ford SYNus concept unveiled at the 2005 NAIAS in Detroit, the Rebel concept is about social interaction, functionality, and the relationship buyers have with personalized products.

Audi A7 Sportback Competition is a 322 bhp diesel special edition

Audi A7 Sportback Competition gets 322 bhp Audi has decided that a fitting way to celebrate 25 years of turbodiesel Audis is to create a special edition A7 Sportback with added power. Seems reasonable. So we get the Audi A7 Sportback Competition which comes with the regular 3.0 litre BiTurbo diesel but with just a little bit more oomph with 322bhp and 479lb/ft of torque – just 6bhp up on the normal lump.