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Racine, Wisconsin, United States
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Saab increase pay for Board members as Swedish Debt Office circles
Fri, 19 Aug 2011Saab 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.
Vuhl 05 is a Mexican Ariel Atom – costs from £66,000
Wed, 03 Jul 2013The Vuhl 05 (pictured), track-focused road car, has been revealed The Vuhl 05 – which has been teased recently – was unveiled this afternoon in London as Mexico’s answer to the Ariel Atom. The Vuhl 05 uses a bonded monocoque with honeycomb panels and aluminium covered on plastic panels to keep weight down to just 695kg. That means that even though the Vuhl 05 has only 285bhp available from its mid-mounted 2.0 litre turbo Ford EcoBoost engine, it can still get to 62mph in 3.7 seconds thanks to a power to weight ratio of 400bhp per tonne.
Drivers feeling the squeeze on parking
Mon, 28 Jul 2014MOTORISTS are feeling the squeeze on parking - with rising charges and fewer and smaller spaces, according to the RAC. As many as four in five drivers have reported increasing parking charges in towns and cities. And 67% of those drivers believed there was now less parking close to their town or city centre and that parking restrictions had become more stringent where they live.