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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.

Fuji Heavy Industries celebrates 60th birthday

Fuji Heavy Industries, the corporate parent of Subaru, celebrated its 60th birthday a few days ago. The storied multinational company makes everything from wind turbines to airplane parts, and conducts business in more than a hundred countries. Even though the origins of the company date back to 1917, the Fuji Heavy Industries we know today was formed in 1953.

Saab 9-5 Sportwagon (2011) prices and revised 9-5 range

Saab has seemingly rushed through a series of upgrades to the 9-5 range just 11 months after going on sale. The UK launch was marred by indifferent reviews in many quarters and the company hopes the latest revisions will give the new 9-5 more of an edge. Saab also today announced UK pricing for its new 9-5 Sportwagon estate, and a range of revisions for the 9-5 saloons, including revised suspension tuning and more efficient engines.