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Tesla touts top sales at Detroit auto show

Tesla credits the "exceptional cold weather performance" of its Model S for 20 percent-higher-than-expected Q4 sales of 6,900 units, bringing total Model S sales worldwide to 25,000 so far. In fact, Tesla says its sedan does so well in the snow that the rear wheels are the only ones that need any torque. "This car performs outstandingly in winter conditions," said Tesla vp of vehicle engineering Chris Porritt in a video released the day of the Detroit Auto Show.

Mercedes S400 BlueHybrid (2008): first official pictures

By Ben Whitworth First Official Pictures 18 September 2008 17:00 These are the first pictures of the new Mercedes S400 BlueHybrid. With a combined economy figure of 35.8mpg and a CO2 rating of just 190g/km, Mercedes claims it is the world’s most economical petrol-powered luxury saloon. But put your chequebook away – it’s not coming to the UK.

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.