Spyker and Youngman to Begin Production D8 Peking-to-Paris by 2014
28 Aug 2012, 08:49 UTC · By: Andrei Nedelea / The Spyker D8 Paris-to-Peking is easily the most striking-looking SUV of any kind, ever made. It looks like nothing else on the road, being a cross between a supercar, a boat, a plane, a regular SUV...
Youngman Refuse to Give Up on Saab
2 Jun 2012, 16:20 UTC · By: Andrei Nedelea / After a failed attempt to buy what’s left of Saab, and reports that a Swedish company was also interested, Chinese company Youngman Motors refuses to give up on the purchase. Following thei...
Youngman Motors Halts Saab Takeover Negotiations
23 May 2012, 14:16 UTC · By: Andrei Nedelea / The shock of Volvo, a brand whose tradition is deeply European and deeply Scandinavian, being bought and administered by Chinese investors was an inconceivable idea... 10 years ago. Now it’s h...
Saab Receive Small Cash Injection from Youngman
14 Dec 2011, 16:41 UTC · By: Mihnea Radu / Call it an eleventh hour gift or a last chance, but Saab has announced it has just received a $5 million payment from China's Youngman Lotus Automobile, ahead of the court meeting that will add...
Swedish Automobile Agrees to Sell Saab for €100M
28 Oct 2011, 10:55 UTC · By: Mihnea Radu / It seems that sticking to the old understanding did not work out after all for Saab owner Swedish Automobile. The Chinese firms that were supposed to offer credit must have taken one quick look at t...
Saab Fate Hangs in the Balance Again: Investors Backing Away
21 Oct 2011, 16:38 UTC · By: Mihnea Radu / Did you think that the recent Saab statement saying that they had received the first first part of the €70 million bridging loan from its Chinese partner Youngman was to good to be true? Well, ...
Saab Says First Youngman Payment Has Been Received
13 Oct 2011, 16:02 UTC · By: Mihnea Radu / Recent media reports once again talked about doom and gloom for the Swedish automaker, but today Saab came out with a statement that suggests all is going according to plan. Swedish Automotive (Spyk...
Saab Finalizes Financial Deals, New 9-1, 9-6X and 9-7 Coming
4 Jul 2011, 14:11 UTC · By: Mihnea Radu / Saab is an automaker that has been severely hit by financial problems and is on the verge of closing its doors for good. However, the Swedish company is still standing for now and has just announced...