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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.

Redesigned 2013 Lexus LS offers new sheetmetal, safety features

Lexus Division unveiled its new LS 460 flagship luxury sedan that arrives in dealerships this fall, with standard and long-wheelbase editions, a hybrid version and a new F-Sport trim level with improved handling dynamics. Despite its sheet metal changes, the car is actually little changed underneath. Its 4.6-liter V8 engine and eight-speed transmission are basically carryover, at a time when luxury brands are using powertrain technology as a differentiating ploy.

Renault Gordini back

The old Clio Renaultsport with a 1965 Renault Gordini 8 I think you’ll probably have to be over 40 – or a Renault nut – to have any knowledge of the Renault Gordini. But you’re soon going to be a bit more knowledgeable if reports that Renault are about to revive the Gordini name are true. There have been rumours for quite a while that Renault want to use the Gordini name on their ‘Sporty’ cars in the same way that BMW has used the Cooper name on MINIs and Fiat the Abarth name.