Vladimir Antonov Withdraws Proposal to Buy and Leaseback Saab Property

The ink has barely dried on Saab’s latest attempt to form a preliminary deal with China’s Pang Da Automobile and Youngman, and the Swedish company is faced with yet another problem as Russian investor Vladimir Antonov has withdrawn his proposal to buy and leaseback Saab property.

"The property sale is now being discussed with external investors," said Lars Carlstrom, Antonov's representative in Sweden. However, Carlstrom noted that the Russian banker was still interested in becoming a shareholder in Saab’s parent company Spyker Cars NV.

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VW Group Enters Production Deal with Russia’s GAZ

In its never-ending quest for global domination, the VW Group signed an agreement with the GAZ Group to assemble Volkswagen and Skoda models under contract at the Russian automaker’s in Nizhny Novgorod. The two companies had already concluded a memorandum of understanding (MOU) regarding joint automobile production in Russia in February 2011 with a planned production volume of 110,000 vehicles per year.

Under the deal, GAZ will build the Volkswagen Jetta compact sedan, Skoda Octavia and Skoda Yeti crossover models for the Russian market, with the first vehicles to start rolling off the production line by the end of 2012.

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VIDEO: That’s the Spirit…Drunk Russians Sink Infiniti FX35

Once you watch this video, we are pretty sure that you will think twice before saying the little kid running around like a twister throwing sand all over the place and the odd couple trying to learn how to play rackets are the most annoying things you have ever seen at the beach.

The apparently intoxicated owner of this black Infiniti FX along with his equally messed up friends went berserk on a Russian beach (or at least the person who uploaded the video on Youtube claims that the incident took place in Russia) and put everyone in danger including themselves when they drove the Japanese crossover into and out of the sea.

In their third attempt to show their pedigree to beach goers they managed to sink the Infiniti, which of course was flooded with sea water once the driver opened the door... Follow the break to watch the video for yourself.

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