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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.
McLaren MP4-12C Revealed
Wed, 09 Sep 2009McLaren has released details of their new supercar - the McLaren MP4-12C Known for so long by its code name – P11 – this MP4-12C is the first real McLaren since the legendary F1. And on the face of it it certainly looks like it has enough to offer to stand proud as the inheritor of McLaren’s reputation for exceptional road cars. Not scheduled to go on sale until 2011, the MP4-12C is aimed at the heart of Supercar sales, expected to go on sale at a price a small notch above the latest offering from Ferrari – the 458 Italia – at around £160,ooo.
Ford funks up the Focus
Tue, 11 Sep 2007By Phil McNamara First Official Pictures 11 September 2007 04:34 Facelift for the Focus: all the details Ford is funking up the Focus with a mid-life facelift. Aside from the Mondeo-esque nose, the major talking point is a double-clutch transmission on the flagship diesels. It’s good news for the Focus, which would have looked pretty bland on the Blue Oval’s Frankfurt stand next to Ford’s other unveilings, the Verve supermini concept and the Kuga SUV.