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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.

Ford ECOnetic Vans launched

The Ford Transit ECOnetic brings green option for White Van Man. [ad#ad-1] The whole ‘Green’ thing is now finding its way in to mainstream commercial vehicles (which is a very good place for it to be), and that move is now given huge impetus by Ford, with their announcement today that they are launching ECOnetic versions of both the Transit and the Fiesta Van. We wrote about the Fiesta Van a while ago when Ford announced the Fiesta SportVan, and said then what a great little van it was.

McLaren MP4-12C Can-Am (2012) racer revealed

McLaren will show this MP4-12C Can-Am racing car at the Pebble Beach Concours d'Elegance in August 2012. It's only a one-off design study at the moment, says McLaren, but the Can-Am racer could morph into an off-the-shelf racer for well-heeled enthusiasts keen to take their racing seriously - if there's enough interest. What are the specs of the McLaren MP4-12C Can-Am racer?