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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.

Rush hour roadworks to disappear?

Philip Hammond wants an end to rush hour road works Little is more frustrating for a driver than encountering roadworks in rush hour. Even more frustrating are roadworks that seem to be inactive. But that could be about to change.

Audi Q5 due next year: Autoweek Magazine

Audi will offer a hybrid version of its Q5 premium SUV in the US starting in late 2010, says Wolfgang Hatz, head of powertrain development for the Volkswagen group. If the car is a success in the US, Audi said it may launch it in Europe. In an interview at the auto show here last month, Hatz said Audi must offer a hybrid model to compete with rival vehicles that already offer the technology, such as the Lexus RX 400h.