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Saab’s Jan Åke Jonsson retires, 2010 earnings & deals in Russia & China

Saab's CEO Jan Ake Jonsson to retire after almost 40 years with Saab It’s been a difficult period at Saab, what with trying to survive as GM came close to closing the Swedish car maker down in the absence of a ‘suitable’ buyer, through being taken over by Spyker and then trying to replace their entire range. And it’s taken its toll on Saab boss Jan Åke Jonsson. It’s been announced that – after nearly 40 years with Saab – 59-year old Jan Åke will step down from his job in May and hand the reins over – temporarily – to Spyker’s Victor Muller until a replacement can be found.

Camrys, Caddys and Civics--good-bye: Mainstream cars top stolen-vehicle report

Look out Honda and Toyota owners, your mainstream cars are hot targets for car thieves, according to LoJack's annual report. Apparently the high gasoline prices have hit everyone, including car thieves. Honda topped the list of recovered stolen vehicles, with the fuel-efficient 2000 Honda Civic being nabbed the most often for the second year in a row.

Tata & JLR to build their own engines. But you already knew that.

Tata & Jaguar Land Rover to build their own engines The wires today seem to be full of the ‘news’ that Tata and Jaguar Land Rover are considering building their own engines. Really? The report of this ‘Breaking News’ cites a company report by Tata which indicates a joint engine development programme is being considered.