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Caparo supercars

By Tim Pollard 21 July 2008 10:42 You've probably heard of the madcap Caparo T1. CAR drove the first example and was left pondering how one of the world's fastest cars was also one of the scariest. But you might have forgotten that Caparo is better known as a huge engineering company in the automotive sector and elsewhere, employing 6000 people worldwide and turning over €1.5 billion a year.

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.

Ferraris galore (and more) at DK Engineering open day +video

DK Engineering open day 2012 DK Engineering – Ferrari restorers supreme – held an open day in March to showcase their facilities and their cars to super and classic car lovers. If you own – or covet – a classic car, especially a Ferrari, then DK Engineering in Chorleywood – just a short drive from Cars UK Towers – is as important an addition to your list of things never to forget as Kylie’s phone number and the location of the missing Bugatti Royale prototype. Founded by David Cottingham, DK Engineering has restored Ferraris for some of the most famous collectors of Maranello’s creations in the world from ‘celeb’ names like Ralph Lauren, Eric Clapton and Chris Evans to industrialists like Sir Anthony Bamford (JCB) and Sir Anthony Pilkington (Pilkington Glass).