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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.

CAR scoop: BMW and Toyota's joint sports car plot

BMW is buddying up with Toyota on an all-new sports car platform, set to underpin the replacements for the Z4, 6-series and GT86. The unlikely collaboration stems from an alliance that began in 2011, where BMW and Toyota agreed to co-develop next-generation lithium ion batteries, and for Toyota to use BMW’s fourpot diesels in its European cars. An engineering team is beavering away on the project, with the clock ticking: the suits want to outline the car’s specification before the end of 2013. What does BMW get out of the bargain?

Mercedes SLS AMG – Leaked Photo

First leaked picture of the Mercedes SLS AMG Gullwing Today we get a leaked ‘Official’ image of the SLS, which does seem to be real. It appears to be taken on a mobile phone – probably from magazine artwork at car magazine Autobild, and doesn’t look like a Photoshop job – it appears to be a photo. Which tends to suggest that Mercedes may have given them the detail for their next issue to coincide with the official release of the pictures, and the first solid detail.