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Former Saab executives arrested in accounting-fraud probe
Tue, 21 May 2013Three 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.
Porsche Macan to debut at Los Angeles – gets V6 turbo petrol
Sat, 28 Sep 2013The dealer presentation for the new Porsche Macan The Porsche Macan – Porsche’s take on a smaller version of the Cayenne to tap in to the more compact SUV market – will arrive at the Los Angeles Auto Show in November and get V6 turbo power. Jalopnik has managed to get photos of a dealer presentation of the Porsche Macan which confirms its arrival at Los Angeles and also gives us some detail of what will power the new smaller Porsche SUV. We’re not entirley sure the photo Porsche used in the presentation is the actual Macan (Jalopnik think Porsche has used a render by Auti Bild to muddy the waters for their dealers – just in case the presentation leaks) but it does seem clear that Porsche, at l;east initially, aims to provide the Macan with decent levels of Porsche power.
Jets land on Rodeo Drive
Thu, 14 Mar 2013Tail fins will be all over Rodeo Drive on Father's Day, June 16. The Rodeo Drive Committee has chosen “The Jet Age” as its theme for this year's street-closing concours, with tail-finned cars of the '50s and '60s lined up on the 300 block of the famous street. And to top it off, and perhaps because they made a nice contribution, parked on the 200 block will be a mock-up of the new Lear 85 business jet in all its carbon-fiber glory -- with the tail fin but minus the wings.