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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.

Tata Nano: the CEO’s plans to sell it in Europe

Carl-Peter Forster, CEO of Tata Motors, has told CAR of his hopes for Tata’s expansion in Europe – with plans to launch the Nano here with a diesel and possibly an electric version. You can read the full interview with Forster in the new July 2010 issue of CAR Magazine out this week. Tata is already the world’s fourth largest commercial vehicle producer and it is a strong force in the Indian car market.

Lamborghini Jota spied testing

The Lamborghini Jota caught cold weather testing (via WCF - copyright CarPix) The Murcielago range of Lamborghinis is coming to the end of their shelf life and we have in store the replacement – The Lamborghini Jota - which will be with us in the next year or so. So it’s not a big surprise that Lamborghini have been out testing the new Jota in the Arctic Circle. As we can see from the spy shots, the Jota is going to be similar in size to the Murcielago (which is far too wide for comfort around town) but thanks to a new aluminium space frame will be an awful lot lighter than the Murcielago.