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After withdrawing its original $497 million bid for Saab, Zhejiang Youngman Lotus Automobile has returned to the bidding with a fresh offer of CAD$572 million, according to a report from Bloomberg. Right now, Youngman is bidding for Saab against a group comprised of a Japanese investment firm, ...
Anyone who has ever set up a Hot Wheels track knows that there is no more awesome an automotive stunt than the loop-the-loop. While some would argue that a good old fashioned Duke Boys jump takes the prize, we feel that the case for driving upside down is just irrefutable. That there are ...
As much as the universe would seemingly like to see Saab wiped off the face of the Earth, this stubborn automaker from Sweden refuses to go quietly into the night. Despite reporting two days ago that Saab was on the verge of bankruptcy, it has been pulled back from the edge (again) today by ...