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2013 Ford Fiesta production starts

Ford has started to build the new 2013 Fiesta at their plant in Cologne which means the new Fiesta will be in a showroom near you soon. The facelift for the 2013 Fiesta sees the arrival of the ‘Aston Martin’ grill bolted to the front of the new Fiesta – a pitch for the AM Cygnet contract, perhaps – together with new headlights with LED running lights and a bulge up the bonnet. Small changes, but they do make the new Fiesta bolder, even though it loses some of its finesse in the process.

Caterham Cars up production

Caterham Cars is increasing production as buyers opt for cheaper thrills. Now admittedly, Caterham increasing production is not going to turn the economy around – they make fewer cars in a year than VW make in an hour. But they are obviously doing something right.

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.