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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.

Monster Jam is totally rad

To our 6-year-old selves, monster trucks really were the biggest, baddest things on four wheels, mechanized, city-block-sized demon machines that ate sedans and belched fire. The reality is that the trucks aren't that big when you get right up next to them -- certainly not the Caterpillar 797-sized car-obliterators we imagined years ago. They're probably around 12 feet high at most; given current trends, they'll be eclipsed by heavy-duty pickups in a design cycle or two.

Porsche Panamera revealed at Shanghai Motor Show

Porsche has finally officially revealed the Porsche Panamera at the Shanghai Motor Show As we’ve said before, the Panamera is not the most stunning looking of cars, and is left in the wake of the Aston Martin Rapide in the style department. But it would seem to us that Porsche is going to have another Cayenne-like success on its hands with the Panamera. As with the Cayenne, its looks are criticised, but it does everything else so remarkably well, and has the kudos of the Porsche badge, and it’s hard to see how it will fail.