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.

Infiniti taps Porsche's Bartsch to lead Americas unit

Infiniti has hired Porsche's No. 2 U.S. executive, Michael Bartsch, as Americas chief in the latest of global personnel changes sweeping through Nissan's luxury brand.

BMW reveals Concept M4 coupe at Pebble Beach

BMW's M division has previewed its upcoming M4 coupe with the unveiling of a near-production-ready concept of the new performance coupe at the annual Pebble Beach Concours in Monterey, Calif. The BMW Concept M4 provides a lightly veiled look at the eagerly anticipated M3 coupe replacement that is expected to make its public premiere in production guise at the Detroit auto show in January. North American sales will start before the second half of 2014.