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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.

Driven: Hyundai i40

CDN recently spent a day sampling Hyundai’s new i40 Tourer, which has just been launched in Europe. For the launch, Hyundai invited us to Waddesdon Manor, the home of the Rothschild banking family and a venue that has been used for previous Louis Vuitton events. It has recently added a new art gallery with fabulous views across rolling countryside, and contains work by Anish Kapoor, Michael Craig-Martin and bronzes by Angus Fairhurst.

Le Mans 2010: a picture gallery by Alex Tapley

Last month I returned from my second consecutive Nurburgring 24hr race, so I was excited to be getting my first taste of Le Mans last weekend. Two very similar concepts, yet the endurance races at the Ring and Le Mans differ hugely, and both excite for very different reasons. I just hope they stay that way. Here are some of my favourite pictures from the weekend: 1.