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Mini electric test delayed by surge of applicants

Mini USA is taking longer than expected to select 450 lessees for its electric car because of the deluge of about 1,800 applicants. Drivers who are chosen are expected to get cars in April. The program originally had been expected to begin at the start of the year.

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.

2014 Porsche 911 GT3 hits the track in video

Porsche revealed its track-ready 911 GT3 at the Geneva motor show earlier this month. The lightweight 911 will go on sale in late 2013 as a 2014 model. On Wednesday, Porsche published the first sweet teaser video of the car in action on its YouTube channel.