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Saab increase pay for Board members as Swedish Debt Office circles
Fri, 19 Aug 2011Saab Meltdown gets closer It never rains, but it pours. And for Saab and Victor Muller it has been a year or more of almost unbroken storms, punctuated with just the odd ray of financial sunshine as Victor Muller combs the planet for investors to stake a claim in his chocolate teapot company. There has been no production at Saab of any consequence since April; many suppliers still remain unpaid despite substantial injections of cash from Chinese buyers; wages have not been paid and now, just to rub salt in the wound, it’s been revealed that board members received pay rises of up to 650 per cent in 2010.
Singer Porsche 911 to get Cosworth power
Thu, 14 Jul 2011Singer Porsche 911 - now with Cosworth power Singer, in case you thought otherwise, isn’t a sewing machine maker. Well, it is, but that’s not this particular Singer. This Singer makes glorious recreations of the 1970s Porsche 911, in beautifully crafted, exquisite detail.
First Sight: Volvo Concept You
Tue, 13 Sep 2011Volvo today revealed its Concept You at the 2011 Frankfurt motor show, as the company continues to evolve its luxury car range. The latest evolution of the Concept Universe, first unveiled at Shanghai earlier this year, showcases the technology and craftsmanship that Volvo will be using in its future line-up, including smart pad technology and a touch-control cockpit. The emphasis on technology reflects the importance of infotainment in current society and immerses the driver to give them complete control and mobile connectivity.