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Saab increase pay for Board members as Swedish Debt Office circles

Saab Meltdown gets closer It never rains, but it pours. And for Saab and Victor Muller it has been a year or more of almost unbroken storms, punctuated with just the odd ray of financial sunshine as Victor Muller combs the planet for investors to stake a claim in his chocolate teapot company. There has been no production at Saab of any consequence since April; many suppliers still remain unpaid despite substantial injections of cash from Chinese buyers; wages have not been paid and now, just to rub salt in the wound, it’s been revealed that board members received pay rises of up to 650 per cent in 2010.

Audi planning their own version of the electric VW e-Up

Perhaps the most promising EVs from Audi so far have been the A2 EV (pictured above) and the A1 range extender with a small Wankel engine in the boot to charge the battery. But even they were dropped from Audi’s production plans last year. But now it seems Audi are back in the production EV game with plans to produce an Audi e-tron using the underpinnings of the electric VW e-Up, but with Audi styling and an upmarket Audi interior and high-end Infotainment.

Texas man takes Bugatti for a swim

What do you get when you mix the fastest production car in the world and a distracted driver? A waterlogged Bugatti Veyron. A driver in Le Marque, Texas, was taking his 16-cylinder, 250-mph supercar for a drive on the back roads.