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Hagerty predicts future classics

Classic-car insurer Hagerty released its latest Hagerty Hot List last week, highlighting today's cars that are expected to be future classics. This comes on the heels of Arizona auction week, where record-breaking sales take place yearly. “After more than 20 years of witnessing car-collecting trends, we have the unique ability to look at new cars through the eyes of a collector,” said McKeel Hagerty, CEO of Hagerty Insurance.

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.

Lamborghini LP550-2: New entry-level Lamborghini Gallardo?

The RWD Lamborghini LP550-2 Valentini Balboni It started with the Diablo. Lamborghini decided a good way to tame the beast was to offer a 4WD option. Which was rather popular.