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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.

Autoweek Design Forum 2007

The North American International Auto Show press days were followed again this year by the AutoWeek Design Forum. For this 14th edition of the Forum, the organizers picked 'Design for Success' as a theme for the conferences. And this theme was quite relevant given the gloomy forecasts made by some about the financial health of the Detroit-based car manufacturers.

Mercedes-Benz G-class to get V12 power

Mercedes-Benz has slyly revealed a lightly facelifted version of the 33-year-old G-class prior to its planned public premiere at the Beijing motor show next month. The reworked version of the German carmaker's iconic military-grade SUV, planned to go on sale in European markets in June with North American deliveries slated to begin by the end of this year, can be seen in the background of an official photograph of the facelifted GLK posted on the Mercedes-Benz media Web site. Among the subtle changes made to the G-class's classic square exterior is a restyled grille with three prominent slats in place of the older model's seven slats, new headlamp inserts with horizontally mounted LED running lights and redesigned mirror housings.