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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.

Big fall in insurance premiums

DRIVERS are set to be quoted happy after it was revealed that insurance premiums have fallen by more than 14% over the last year. The typical quote for annual comprehensive car insurance cover was £533 in January, which was also a record 4.6% slide on the previous quarter, according to the latest AA Insurance premium index, which takes the average of the five cheapest quotes on the market. The AA British Insurance Premium Index, which has been running for 20 years, found that the North West remains the most costly region to insure a car, with the average premium for someone who shops around standing at £809, although this region also saw the biggest price drop over the past quarter at 6.3%.

Toyota Aygo Crazy set for Goodwood debut

By Tim Pollard First Official Pictures 02 July 2008 10:41 Toyota will bring its 'shopping supercar' – the Aygo Crazy – to the 2008 Goodwood Festival of Speed, which kicks off next week. It's a one-off, attention-grabbing supermini with a mid-engined layout like the Renault Clio V6.  The racing Aygo uses a 200bhp turbocharged version of Toyota's 1.8 VVT-i engine from the Celica and MR2 – making it somewhat more powerful than the regular Aygo's 68bhp. A 200bhp Aygo?