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Toyota sets Nurburgring record... for fuel economy
Wed, 16 Jul 2014WHATEVER else you might say about Toyota, it seems the brand has a sense of humour. Driving enthusiasts will hand their (petrol)heads in shame after Toyota completed the 12.9-mile German track at an average of 698mpg. The embarrassingly pedestrian time of 20 minutes and 59 seconds was set by motor journalist and Japanese car expert Joe Clifford, and since Toyota is the first to shame itself with a fuel economy run at the heart of performance car testing, it automatically sets a new efficiency record.
Former Saab executives arrested in accounting-fraud probe
Tue, 21 May 2013Three 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.
Suzuki refreshes Swift with five-door Sport and 4x4 model
Tue, 09 Jul 2013Suzuki is offering its cracking little warm hatch, the Swift Sport, with five doors for 2013. The family-friendly model shares its powertrain with the three-door Swift CAR ran (and loved) as a long termer last year – that means a naturally aspirated, 1.6-litre engine good for 134bhp, a six-speed manual gearbox and 0-62mph in 8.7sec. Suzuki says it expects one-third of Swift Sport customers to opt for the five-door model – sales have so far averaged 1200 a year in the UK.