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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.

BMW ActiveHybrid 5: BMW has another crack at Hybrid

BMW ActiveHybrid 5 - arrives in the UK February 2012 BMW’s Hybrid efforts to date haven’t been exactly an unmitigated success, with the BMW ActiveHybrid X6 not even making it to the UK before it was dropped. But now they’re having another crack at eco-cars with the BMW ActiveHybrid 5, a hybrid version of the latest 5-Series. The ActiveHybrid 5 gets a 302bhp twin-turbo six-cylinder in-line petrol – a good start – and throws in to the mix a 53bhp electric motor.

VW e-Up! EV price confirmed

Volkswagen has confirmed its e-Up! electric city car will cost £19,250 including the £5,000 government Plug-in Car Grant subsidy. The car is on sale now in the UK at Volkswagen’s 24 specialist EV electric vehicle retailers, with deliveries starting at the end of January 2014.