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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.

Aston Martin showrooms go Hi-Tec

I’m not too sure it will help much with sales at the moment, but it has been announced that Aston Martin are to become the first company to use Microsoft’s Surface Device in UK Car showrooms. The Surface device is in essence a glitzy coffee table, with a built in PC running the new software from Microsoft. Based on the software Aston Martin currently uses on its website, the device allows the salesman to configure the car on a coffee table screen, with changes of colour and wheels showing on the screen.

Lexus CT200h (2011): UK prices, spec announced

Lexus has revealed prices for its new CT200h - and they're pretty punchy. The base CT200h clocks in at £23,485, rising to a startling £30,635 for the SE-L Premier. Lexus says it's the first sporty hybrid, but can the new CT really woo drivers out of their cheaper Audis and BMWs?  The CT200h is aimed squarely at the A3 and 1-series, but comes with just one drivetrain for now. The Lexus uses Prius hardware, so there's a 1.8-litre petrol mated to an electric motor to produce 134bhp - enough for the 1420kg CT200h to hit 62mph in 10.3sec.