35 A Crcuit Breaker, Buss Mrcb #187035f-03-0 on 2040-parts.com

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.

Ferrari 458 Italia – in the flesh

New Ferrari 458 Italia out testing And today we’ve had drop in to our inbox a picture of a 458 Italia in the flesh, which gives far more idea of perspective than the artfully-lit studio shots Ferrari released. It’s no real surprise that 458s are running around, with the official reveal only a matter of weeks away at the Frankfurt Motor Show. And Ferrari hasn’t gone to huge lengths to disguise this car – just some black and white paintwork.

GM preps for new engines, 8-speed transmission

General Motors is spending $332 million to upgrade powertrain plants in three states to build a new eight-speed automatic transmission, a new V6 and a new family of small-displacement gasoline engines. The plants are in Indiana, Michigan and Ohio. GM is also adding $46 million to an earlier $600 million program to upgrade powertrain plants in Saginaw and Romulus, Mich.