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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.

Lamborghini Cabrera: The tease begins

Lamborghini Cabrera: The tease begins Just yesterday, we reported that the very last Lamborghino Gallardo had rolled off the production line in Sant’Agata Bolognese after a ten year reign. And Lamborghini are wasting no time whetting appetites for the Gallardo, with a new website launched to tease its replacement, complete with a ‘start’ button to hear the new V10 roar and instructions to “Listen to your instinct – Discover the roar of the new creature from Lamborghini”. That replacement is probably going to be called the Lamborghini Cabrera, which we’ve been expecting to debut at the 2014 Geneva Motor Show.

National Corvette Museum offers free admission to service personnel in November

The National Corvette Museum is showing its appreciation for those who wear the uniform by offering free admission in November. All military personal--plus police officers, firefighters and their immediate families--can get into the Bowling Green, Ky., shrine to America's sports car by showing their service identification. The newly expanded facility features more than 80 rare and classic Corvettes.