[5] In October 2019, Youngman formally completed the bankruptcy process, with eight people in the group also being persecueted for related crimes.

With the Lotus joint venture, Youngman is engaged in secondary activities as the exclusive importer of American automotive brand ZAP.

[7] In June 2010 Youngman had announced that it would be making an investment of CNY 4 billion in the construction of new manufacturing facilities in Haining, Zhejiang Province, for the production of passenger cars, alternative energy powertrain systems, vehicle bridges, transmissions and inner and exterior auto components.

The Proton-Youngman joint venture contract expired in 2012, but Youngman continued to unofficially produce Proton's products up until early 2015.

[4] In February 2015, Proton announced that they would revive their joint venture with Fujian-based Goldstar, and would not renew their contract with Youngman.

[17] General Motors rejected the deal with Youngman and Pang Da on 7 November 2011, although unsuccessful discussion to convince GM continued for a month.

On 19 December 2011, chairman Victor Muller was forced to file Saab Automobile for bankruptcy following the failed buyout by a Chinese consortium, which was blocked by former parent GM to prevent technology transfer.

[18][19] On 6 March 2012 an Indian news paper reported that at least two companies have placed bids for complete SAAB Automobile buy out.

[20] On 13 June 2012 it was announced that the National Electric Vehicle Sweden had bought Saab Automobile's bankruptcy estate.