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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.

Renault Laguna GT (2008): first official pictures

By Chris Chilton First Official Pictures 22 February 2008 13:02 There are no Renaultsport badges anywhere on the new Renault Laguna GT but the crack chassis team have been hard at work under the skin. The same people who brought us the brilliant Clio Cup are behind the four-wheel steer system on this Laguna’s Active Drive chassis. Twenty years ago Japanese car makers seemed fascinated by the potential benefits of steering cars using both axles (and not just by nailing the throttle in your Starion) but the idea seemed to have disappeared until now.

Ford to reveal 2011 Shelby GT500 on Monday afternoon

It's the day after the Super Bowl, but it's still an informal holiday--the high feast of the Ford Shelby GT500. Ford will reveal the 2011 'Stang on steroids on Monday at 1:30 p.m. at the Ford SVT garage near Detroit.