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New baby Jaguar saloon to be shown this summer
Fri, 07 Feb 2014The new small Jaguar saloon out testing in ill-fitting XF camouflage Jaguar has made huge strides in the last few years and is now on the brink of being recognised, once again, as a major force. But so far Jaguar has been producing great cars in not the biggest-selling sectors, but that’s set to change with the new small Jaguar saloon (perhaps the Jaguar XS) which will be first shown this summer ahead of a 2015 launch. The new baby Jaguar will be entering a very competitive market place, taking on cars like the BMW 3-Series, Mercedes C-Class and Audi A4, so Jaguar are going to have to work hard to produce not only a credible car, but one that uses its ‘Britishness’ as its USP.
New Mercedes S Class garners 30,000 orders in first 3 months
Sun, 20 Oct 2013New Mercedes S Class (pictured) garners 30,000 orders in first 3 months The last Mercedes S Class was with us for getting on for a decade, so it’s no surprise, with a new S Class in the offing, Mercedes ended up cutting S Class production in 2012. But now the new 2014 Mercedes S Class has arrived, and orders are starting to flood in. Mercedes are reporting that in the first three months on sale the new S Class has received more than 30,000 orders, compared to a total of 65,000 orders for the previous S Class in its last year.
Former Saab executives arrested in accounting-fraud probe
Tue, 21 May 2013Three 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.