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JCB begins final shakedown tests for record bid

By Greg Fountain Motor Industry 21 August 2006 10:37 The 1500bhp JCB Dieselmax streamliner will undergo final shakedown tests today, ahead of tomorrow's diesel land speed record attempt. CAR Online will bring you the news as it happens. Our reporter, Greg Fountain, is imbedded with the JCB team in Utah, ready to provide eyewitness accounts.

Lotus terminate Dany Bahar – Aslam Farikullah takes the Lotus reins

To no one’s surprise, DBR-Hicom – owners of Lotus – have terminated Danny Bahar’s employment and replaced him with Aslam Farikullah. The tenure of Dany Bahar at Lotus has not been an easy one. But now it’s over with DBR-Hicom ending Bahar’s supension with a termination of his employment.

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.