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Ford sees bump in sales of fuel efficient cars, vehicles with smaller engines

Ford customers are showing continued preference for new fuel-efficient models and powertrains with less muscle. Combined sales in May for the new Fiesta and Focus totaled 29,423--a 32 percent increase from a year ago. Ford sold 7,120 copies of the Fiesta and 22,303 of the Focus.

Sainsbury's slashes fuel prices

SAINSBURY'S has become the latest supermarket to slash fuel prices. From Friday, Sainsbury's is cutting the cost of its petrol by up to 6p a litre and its diesel by up to 4p a litre. This means customers will pay no more than 129.9p a litre for petrol and 136.9p for diesel.

Saab increase pay for Board members as Swedish Debt Office circles

Saab 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.