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Ferrari California (2008): first official pictures
Thu, 29 May 2008By Ben Pulman First Official Pictures 29 May 2008 08:30 This is the Ferrari California – the new 2+2 GT unveiled today. There’s a seven-speed twin-clutch transmission, a 454bhp 4.3-litre V8 with direct injection, a folding metal roof and space for four. Right, concrete numbers on the Ferrari California please… The engine is a 4300cc V8, using the existing block from the F430 but with a new head to accommodate direct injection. It’s the first time Ferrari has used DI and helps the California produce 454bhp at a heady 7500rpm.
Volkswagen acquires Italdesign-Giugiaro
Tue, 25 May 2010The Volkswagen Group and Italdesign-Giugiaro S.p.A. today announced the next step in their successful cooperation. The Volkswagen Group will take a 90.1 percent stake in Italdesign, including the brand name rights and patents.
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.