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Mercedes AMG GT & GT S OFFICIALLY revealed

The Mercedes AMG GT officially revealed It seems to have taken forever for the Mercedes AMG Gt to arrive, and now it has we get not one but two variations- the AMG GT and AMG GT S. Effectively replacing the SLS AMG at the top of Mercedes sporting line-up, the AMG GT isn’t as ‘super’ a Supercar – certainly not in terms of prices – as the old SLS AMG. In fact, although Mercedes are yet to confirm prices, we’re expecting the AMG GT to start at under £100,000 (just) and the AMG GT S to be £10k or so more.

Pagani Huayra (2011): first news of Pagani's C9

This is the new Pagani Huayra - the new Pagani supercar previously codenamed C9. The Huayra is the Italian maker's replacement to the Zonda V12 and will make its official show debut at the 2011 Geneva motor show. The Pagani Huayra is named after a mythical god in the Andes responsible for winds, blizzards and hurricanes.

Former Saab executives arrested in accounting-fraud probe

Three former Saab executives, including former CEO Jan-Aake Jonsson, were arrested Monday on suspicion of “grave attempts to complicate tax controls” during 2010 and 2011, according to a report from Bloomberg. The Swedish Economic Crime Authority's chief prosecutor, Olof Sahlgren, declined to give the names of the arrested, but Bloomberg confirmed in court documents that Jonsson, former chief financial officer Karl-Gustav Lindstroem and formal general counsel Kristina Geers were detained. “It's about accounting measures to complicate the control operations of the tax authority regarding the calculation of taxes and fees,” Sahlgren told Bloomberg.