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Audi R8 Spyder outed by Audi dealer

The Audi R8 Spyder - outed by an Audi dealer And now an over-eager Audi dealer in the UK has stuck an advert on Pistonheads for the new Audi R8 Spyder and included a grainy (hence the image quality above) shot of the R8 Spyder, which could have been  taken on a dealer reveal recently. Oops! Not sure that’s going to go down too well with Audi.

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.

Fiat will buy the rest of Chrysler for $4.35 billion

Fiat has announced that it will purchase the rest of Chrysler in a deal totaling $4.35 billion. Currently, the outstanding 41.6 percent stake in the company is owned by the UAW's voluntary employee beneficiary association, or VEBA, trust. Under the terms of the deal, Fiat won't shell out all $4.35 billion.