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One:1 halo car coming from Koenigsegg

Christian von Koenigsegg talked to Bloomberg Businessweek over the weekend, telling the publication about his youth, the supercar business and how most Koenigsegg designs start in his head. It's all worth a read. But at the end of the four-page article, the head of the brand hints at a new car, built as a “money-is-no-object venture” for a dealer in China.

Jeep Grand Cherokee to spawn Maserati SUV – confirmed

The 2003 Maserati Kubang SUV Concept The idea of an SUV from every luxury maker seemed a dead cert a few years ago. And then the world went in to financial meltdown and the eco-mentalists convinced a chunk of the car buying public that SUVs were the spawn of the devil, which put the kybosh on the nascent plans of many a car maker. But the recession hasn’t quite turned in to a depression (unless you’re one of the poor countries sucked in to the German Euro Zone), and many are now waking up to the fact that SUVs aren’t killing the planet and that CO2 is actually beneficial to planet earth, not harmful.

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.