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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.

Jeep Grand Cherokee SRT8 gets Ferrari treatment for Formula One team

Two 2012 Jeep Grand Cherokee SRT8s made an appearance in Italy on Thursday as the keys were handed over to Formula One drivers Felipe Massa and Fernando Alonso. That's just another perk of working for a company that owns both Ferrari and Chrysler. The Jeeps are painted in Rosso Corsa, which translates to Racing Red, Ferrari's signature color.

Taxi To The Stars To Shine At Auction

CLASSIC car auctioneer, Historics at Brooklands, will be selling a very special London taxi at the end of November. This particular example of a 1935 12/4 Austin Taxi is no ordinary cab though, having transported the rich and famous as part of its role as gust transport for boutique hotel, Blakes, in London’s South Kensington. Plucked from its more humble street life in the 70’s by the hotel’s creator - film star and actress turned hotelier and interior designer - Anouska Hempel (now Lady Weinberg) - the 1935 Austin Taxi Low Loading became the exclusive hotel transport soon after the hotel’s opening, for Blakes’s many famous guests including Ali McGraw, Neil Diamond, Robert Redford, Bob Dylan and Jane Russell.