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Saab: Muller used Antonov money to purchase Saab

Vladimir Antonov provided the finance for Victor Muller to buy Saab Victor Muller has told Swedish TV that the money he used to buy Saab was funded by alleged fraudster Vladimir Antonov. In a revelation that will surprise no one, Saab ‘owner’ Victor Muller has revealed that the $74 million paid to GM when Spyker (as they then were) bought Saab was supplied to one of Victor Muller’s companies by Snoras Bank refugee Vladimir Antonov. Muller revealed this little nugget of information in an interview due to be televised in Sweden tomorrow, and also revealed he still owed the money (well, the company he owns still owes the money).

Mitsubishi CEO pledges to stay in U.S., wants to quadruple sales

Mitsubishi Motors Corp. President Osamu Masuko says the company won't pull out of the U.S. market and that his personal mid-range sales target is 200,000 units a year, or roughly four times today's level of 50,000.

Mini to return to the WRC in 2011 with 4x4

Mini is back in rallying, more than 50 years after it ruled the roost at Monte Carlo and beyond, giving a huge shot in the arm to the World Rally Championship. In typically audacious style BMW has announced it will campaign the Countryman SUV rather than the standard Mini, starting with selected WRC rounds in 2011 followed by the entire 2012 season.It’s also a return to WRC for Banbury-based Prodrive, the outfit behind Subaru’s legendary WRC success, who will develop the car and run the team. Prodrive last campaigned in the 2008 season, and have been developing the Countryman since early 2009.