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Fuji Heavy Industries celebrates 60th birthday

Fuji Heavy Industries, the corporate parent of Subaru, celebrated its 60th birthday a few days ago. The storied multinational company makes everything from wind turbines to airplane parts, and conducts business in more than a hundred countries. Even though the origins of the company date back to 1917, the Fuji Heavy Industries we know today was formed in 1953.

Next-generation Porsche 911 spied frolicking in the snow

The next-generation Porsche 911 is proving to be an alluring target for spy shooters, who have caught coupe and cabriolet versions undergoing snow testing in the dead of night. Chatter is that this new 911, known internally as the 998, will roll out in late 2011 as a 2012 model--which could set it up for a debut at the 2011 Frankfurt motor show. The all-black prototypes look similar to what we

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.