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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.

Peugeot RCZ revealed

Peugeot has finally released details of the Peugeot RCZ, which will launch at Frankfurt Despite our previous criticisms that the Peugeot RCZ looked like a clone of the old Audi TT, we think it’s a great looking car. It’s a real statement of intent to push Peugeot more towards the ‘Sporty’ and leave Citroen to do the ‘Luxury’. And it looks set to cost less than £20k (as a starting point) when it finally goes on sale next Spring after an official reveal at Frankfurt next month.

One Lap of the Web: New Transformers, home-built cars and two Mercury Marauders

We spend a lot of time on the Internet -- pretty much whenever we're not driving, writing about or working on cars. Since there's more out there than we'd ever be able to cover, here's our daily digest of car stuff on the Web you may not otherwise have heard about. -- Michael Bay has been releasing the cars of “Transformers 4” for the past couple of months, and the latest one to be revealed is the Pagani Huayra (“why-ra”).