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Ruiqi G2

The Ruiqi G2 – an A-segment model from Chery's new sub-brand – will enter the Chinese market in July, competing with the BAIC E Series and Great Wall Tengyi C20. Designed by Pininfarina, the Ruiqi G2's most distinctive feature is a wave-shaped feature line that wraps up from the rocker, creates an exaggerated rear fender and wraps around the rear to for the rear bumper, the intention of which is to "convey a sense of agility and movement." Chrome highlights on the front grille and tailgate attempt to add a premium touch to the G2 as is the winged, Bentley-inspired badge. The interior architecture is entirely conventional with silver and black trim, while the integrated center panel features a hexagonal HVAC control unit.

Former Saab executives arrested in accounting-fraud probe

Three 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.

Hyundai make it in to UK Top Ten best-selling car makers

Hyundai has become the first Korean car maker to make it in to the top ten best selling car makers in the UK, with sales of 74,000 in 2012. It’s taken a few years to shake off the ‘Cheap Car’ tag, but Hyundai are now offering a range of cars – certainly in the mainstream – that can be compared on ability, design and quality with the best of the competition. That quantum change in perception in the last few years about the desirability of a Hyundai has now translated in to Hyundai becoming one of the top ten best-selling car brands in the UK, a first for a Korean car maker and a real sign that Hyundai is now accepted as a real competitor – not a ‘Budget’ brand.