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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.

What's New - January 2006

Volvo S80     Volvo has released pictures of the second-generation S80, a model series which when first launched in 1998 revived the Swedish brand with less slab-like, more expressive styling. This new model evolves those themes, and with it now carries Volvo's compact V8 that first appeared in the XC90 SUV last year. With 315PS put to the road through all four wheels, it will be Volvo's spearhead for penetrating the crucial American market and luring 35,000 new owners each year.

JAC J3 Cross

JAC has unveiled its J3 Cross B-segment corssover, designed at the Chinese company's design center in Turin. The J3 Cross is aimed younger Chinese drivers that crave an SUV, hence the a split black grille, tough-looking bumpers that features an integrated chrome trim, while lower body cladding is incorporated to give some protection on rough roads. The raised ride height and integrated roof bars add to the J3 Cross' softroad image.