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New Lexus RC F to rival BMW M4

Lexus has confirmed the first details of a new RC F high performance model, which will debut at the Detroit Motor Show 2014 next week. Driven by what’s said to be the most powerful 5.0-litre V8 ever offered by Lexus, the RC F is set to top the new RC coupe range that was unveiled at the 2013 Tokyo Motor Show last November. A spiritual successor to the old Lexus IS F, the RC F will become the first rival to challenge the new BMW M4 later this year.

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.

Infotainment in cars could get a boost from backup-camera mandate

A federal mandate to require backup cameras in all vehicles, expected Feb. 29, will be a bonanza for suppliers of collision-avoidance equipment. But the mandate also could provide an unintended boost to the infotainment industry.