A Swedish court acquitted former top managers at Saab of tax evasion and fraud charges relating to their failed attempts to save the Swedish automotive brand, which went bust in 2011.
Former Saab CEOs, Victor Muller and Jan Ake Jonsson, were accused along with five other people of forging documents to secure funding from Russian tycoon Vladimir Antonov and of giving an overly optimistic view of Saab’s finances. All of the accused had denied any wrongdoing.
The German motor show this autumn will be without at least nine major brands.
Peugeot and DS, and three Fiat Chrysler Automobiles units, Fiat, Alfa Romeo, Jeep, as well as Nissan and its Infiniti luxury marque say they will not attend and use money instead to promote in other ways, in a repeat of the action taken by some makers at last year’s Paris show.
Kahn Design wil; design an exciting one-off bespoke version of the Land Rover Defender at The London Motor Show 2017 on 4-7 May.
The exclusive car will be designed and built in-house by Kahn and will be on display in Battersea Park throughout the weekend. Kahn Design aims to pay the ultimate tribute to a truly iconic vehicle.
Marking the new tax year, Volvo Car UK has launched a new app to give business customers all the information they need to fund a company car.
Free to use by any business, the Fleet Tax Guide provides a single, accurate source of information to ensure fleets and their drivers are always up to date with relevant obligations and entitlements.