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Ford Mustang adds ‘Mayhem' to its option list

The social networks have spoken: The Ford Mustang V6 Performance package will now be known as the Mayhem Mustang package. Ford put out a call to its 1.4 million Facebook fans with the question, “What should we call the Mustang V6 Performance package?” More than 3,000 submissions were made via Ford's Facebook page, and almost 6,700 users installed the “You Name It” app. The winning submission came from a fan in North Carolina, who won a three-year lease on the 2012 Ford Mustang V6.

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.

New British car company coming?

British entrepreneur David Brown, not to be confused with the late Aston Martin owner Sir David Brown or the former British Prime Minister, has announced the upcoming debut of a new luxury sports-car brand bearing his name. Brown has teamed up with ex-Land Rover chief designer Alan Mobberley to create the new car, dubbed "Project Judi" for now. This wouldn't be an update of any existing model but rather an all-new exterior and interior design.