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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.

Aston Martin won’t be proclaiming ‘Powered by AMG’ on its Mercedes-engined cars

Aston Martin won’t be using ‘Powered by AMG’ badges It was a long time coming, but Aston Martin finally found a way to replace their ageing engines by doing a deal with Mercedes AMG to use their very impressive powerplants. And it seems that, depite AMG’s willingness to provide Aston Martin with modern engines, AML aren’t going to be required to put AMG badges on the bodywork or engines of their very beautiful cars. Speaking to Autocar, Mercedes boss Dieter Zetsche said that Mercedes were very happy to have done a deal with AML and equally as happy to be subtle about the arrangement.

2014 Lexus RC Coupe revealed

The new Lexus RC Coupe (pictured) debuts at the 2013 Tokyo Motor Show It was back in July that the new Lexus RC Coupe was confirmed for a debut at this year’s Tokyo Motor show and now, with Tokyo just a few weeks away, Lexus has revealed the RC Coupe. The RC Coupe gets an evolution of the Lexus design language – more akin to its recent concept models than production cars – with a heavily contoured shape and the big Lexus spindle grill and lights that look like they’ve taken their inspiration from the LF-LC Concept. There’s also a choice of 18″ and optional 19″ alloys, with the 18″ looking butch and the 19″ elegant.