Youngman
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Dutch sports car manufacturer Spyker, the former parent of bankrupt automaker Saab, has signed a definitive agreement with Chinese automaker Youngman to form new joint ventures that will be responsible for the development of a new SUV as well as a range of sedans based on Saab’s Phoenix platform but sold under the Spyker brand. The deal was first announced in August of this year and was developed as a last-ditch effort to save the Phoenix platform that was developed by Saab prior to its bankruptcy and licensed to Youngman in 2011. Spyker and Youngman had originally hoped to build a new...
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Spyker And Youngman Form Partnership, Announce Radical Model Plans
Sports car manufacturer Spyker, the parent company of bankrupt automaker Saab, has announced today it has formed a new alliance with Youngman, the Chinese automaker whose attempted purchase of Saab late last year was blocked by General Motors. Under the new alliance deal, which won’t be...
Viknesh Vijayenthiran -
Youngman Prepared To Invest $1.8 Billion In New Saab Models
Youngman has made a formal offer to acquire Saab's assets, and is prepared to spend an additional $1.8 billion to develop future models.
Kurt Ernst -
China's Youngman To Take One Last Shot At Saab: Report
Sources close to Chinese company Youngman report that it will make one final attempt to purchase bankrupt automaker Saab.
Kurt Ernst -
Saab Gains Additional Partner In The Form Of China’s Youngman
Spyker CEO Victor Muller has been busy in China negotiating a deal with Zhejian Youngman Lotus Automobile to start building Saab cars in the world’s most populous nation. You may recall that Saab already has a deal with Chinese dealer group Pang Da Automobile but now all three parties have...
Viknesh Vijayenthiran