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TVR goes off the rails

By Tim Pollard Motor Industry 02 January 2007 03:25 British sportscar manufacturer TVR is fighting for survival after crashing into administration over Christmas. Blackpool Automotive Ltd, TVR's manufacturing arm, has stopped building cars at the Blackpool HQ, its home since 1947. Around 250 members of staff stayed at home this week, waiting to discover their fate.

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.

Public urged to give view on A9 plan

THE PUBLIC have been urged to have their say on the design of the most expensive road project in Scotland's history. The £3 billion upgrade of the A9, which runs from central Scotland to the north coast, to full dual carriageway will cost more than the M74 completion, the new Forth road bridge and the Aberdeen bypass combined. The first public displays setting out the logistical and environmental impact of the first £40 million section of the upgrade, from Kincraig to Dalraddy in the Highlands, will be unveiled this month.