Skip to main content

youngman

  • 0
    Official: Saab's Phoenix platform to get second life with Spyker/Youngman deal?
    1355149740

    Who knew that Jay Z was talking about Spyker founder and CEO Victor Muller when he sang, "I'm a hustla, baby, I just want you to know, it ain't where I been but where I'm 'bout to go..." The visionary Dutchman has concluded a deal with with Youngman – a partner since the whirlwind days of ...

  • 0
    Report: GM denies Spyker claims in $3B Saab lawsuit
    1349201700

    Reuters reports General Motors has dismissed claims by Spyker outlined in a $3 billion lawsuit. Spyker alleged GM deliberately bankrupted Saab by preventing a deal with Chinese investor Zhejiang Youngman Lotus. GM, meanwhile, filed a response with the U.S. District Court for the Eastern District of ...

  • 0
    Official: Spyker and Youngman sign deal, plan to build D8 SUV and Phoenix-based range
    1346088540

    It appears Spyker is strengthen its ties and carmaking ability with Chinese carmaker Youngman. This comes in the wake of the brand's latest dealings with a $3 billion lawsuit against General Motors regarding the demise of Saab. Youngman is reportedly investing €10,000,000 ($12.5M USD) for a ...

  • 0
    Report: GM granted 30-day extension on Spyker's Saab-related lawsuit
    1346072340

    General Motors has asked for more time to reply to the lawsuit brought by Spyker over the Saab affair, and Spyker has agreed to extend the deadline one month until September 28. A quick refresh: Spyker has accused GM of tortious interference in Saab's dealings with the Chinese investors that ...

  • 0
    Breaking: Spyker files $3 billion lawsuit against General Motors over Saab's demise
    1344263220

    "Smack." That's the sound of Spyker's process server dropping a big ol' pile of legal documents on the doorstep of The Renaissance Center, home of General Motors – or wherever GM's attorneys live during business hours. Contained therein is a Complaint, filed in the U.S. District Court for ...

  • 0
    Report: Youngman bids anew for Saab
    1338586200

    After withdrawing its original $492 million bid for Saab, Zhejiang Youngman Lotus Automobile has returned to the bidding with a fresh offer of $552 million, according to a report from Bloomberg. Right now, Youngman is bidding for Saab against a group comprised of a Japanese investment firm, Sun ...

  • 0
    Report: China's Youngman bails on Saab, Mahindra still in the mix
    1337792400

    Zhejiang Youngman Lotus Automobile has been jettisoned from the dwindling pool of bidders for Saab after tendering an offer of $492 million for the whole kaboodle. Exact reasons weren't given for Youngman leaving the table, but according to a report in Autoweek.nl, "Chinese bureaucracy" was ...

  • 0
    Report: Saab gets new $492M bid from Youngman
    1334770140

    Youngman has made another bid for bankrupt Saab, according to new reports. The Chinese automaker has offered to buy what's left of Saab for $470 million at current conversion rates. The news comes courtesy of Dagens Industri. The newspaper also indicates that's the absolute lowest the Swedish ...

  • 0
    Report: Want to bid for Saab? Get your paperwork in by April 10
    1333543500

    Interested in purchasing a Saab? Heck, why not just buy the whole company? If you're in the market, you've got until April 10 to put in a bid, and at present, the only rival you have is China's Youngman. Chances are, according to the administrators in charge of Saab's liquidation, the sale of ...

  • 0
    Video: Watch Chinese driver nail world's largest loop-the-loop
    1332276060

    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 ...

Loading

Loading
Autoblog iPhone App