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Former Saab executives arrested in accounting-fraud probe

Three former Saab executives, including former CEO Jan-Aake Jonsson, were arrested Monday on suspicion of “grave attempts to complicate tax controls” during 2010 and 2011, according to a report from Bloomberg. The Swedish Economic Crime Authority's chief prosecutor, Olof Sahlgren, declined to give the names of the arrested, but Bloomberg confirmed in court documents that Jonsson, former chief financial officer Karl-Gustav Lindstroem and formal general counsel Kristina Geers were detained. “It's about accounting measures to complicate the control operations of the tax authority regarding the calculation of taxes and fees,” Sahlgren told Bloomberg.

Daimler raises its stake in Aston Martin to 5%, as alliance deepens

By Tim Pollard Motor Industry 04 August 2014 17:42 Daimler has raised its stake in British sports car maker Aston Martin as the Anglo-German alliance strengthens, it emerged today. The Mercedes-Benz parent company grew its stakeholding by 1% on 31 July 2014, the company confirmed. Daimler now owns 5% of Aston Martin.

Range Rover Sport TDV8 Ultimate – Bye-Bye 3.6 litres

The Range Rover Sport TDV8 Ultimate Update: Land Rover are on the ball despite it being a Bank Holiday weekend. They’ve been in touch to say there are no plans for a UK version of the RRS TDV8 Ultimate. So we know that Land Rover are going to plant a new 4.4 litre diesel in the Range Rover and Range Rover Sport (and probably Jaguar in the new XJ TDV8 too).