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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.

Redesigned Ford Mustang scores high mpg for V8

Completing the fuel-economy story for the redesigned 2011 Mustang, Ford said on Tuesday that the V8-powered pony car is rated at 26 mpg on the highway and 17 mpg in city driving. That compares with a 16 mpg/24 mpg city/highway rating for the 2010 Mustang. The highway rating was achieved with the six-speed manual transmission.

Stealth Approach For Latest Range Rover Sport

LAND ROVER has unveiled a new addition to its Range Rover Sport line-up. The firm has added a ‘Stealth Pack’ option for buyers of the HSE Dynamic and Autobiography Dynamic variants. Making its debut at the forthcoming Goodwood Festival of Speed, the Range Rover Sport Stealth Pack features a satin black front grille and grille surround, fog lamp bezels, bonnet and bumper vents, upper mirror caps and tailgate finisher.