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GM recalls 500K Chevy Camaros for ignition-switch defect

General Motors issued a recall for more than a half million Chevrolet Camaros on Friday morning because of an ignition-switch safety hazard that mirrors the one at the center of the company's current crisis.
The problem affects Camaro models from the 2010 to 2014 model years. Approximately 464,712 cars are impacted in the United States, and 511,528 overall in North America. GM will alter the Camaro key to a more standard design, and will notify car owners with a recall notice in the mail.
In an announcement, the company said the ignition switches on the Camaros are fundamentally different parts than the older ignition switches found on defective cars that are responsible for killing at least 13 people and causing 54 crashes.

First test drive shows promise of Saab 9-3 EV

We can't read Swedish, so when it comes to a first-drive review of a Saab 9-3 electric-vehicle prototype, we'll trust Inside EVs' translation of a write-up from Swedish automotive publication Elbilen i Sverige. And it's a decent one. The write-up, that is. The translation, too, we hope. Taken to the test track, the Saab was found to be quieter than a Tesla Model S and had the stability commensurate for a car that tipped the scales at about 4,000 pounds. The sedan accelerated from 0 to 62 miles per hour in 10 seconds, though the goal is to bring that time down to 8.5 seconds. The prototype also uses a 37-kWh prototype battery made by China-based Kai Johan Jiang Annual National Modern Energy Holdings that should be good for over 180 miles (and there's room for a bigger pack in the car, apparently). The 9-3's electric motor will be able to deliver 200 horsepower but, for testing purposes, it was limited to about 140 horsepower. The overall impression was that the car is not yet ready for prime time, but has a lot of promise. When prototype becomes production is the real question, given the financial condition of Saab parent National Electric Vehicle Sweden (NEVS). The company acquired the brand in 2012 and started making cars at Saab's Trollhattan plant in Sweden last year, but production stopped in May because of cash-flow issues. Late last month, Swedish courts denied NEVS protection from its creditors, so the company is now looking to restructure.

Former Saab chairman Muller faces summons in tax inquiry

Former Saab Chairman Victor Muller may be called in for questioning as part of an official inquiry into suspected tax evasion by three of the automaker's former executives. A prosecutor has officially named former CEO Jan-Ake Jonsson and two other executives in the investigation, and official court documents say that Muller will be called in by the Financial Crimes Unit. According to Reuters, prosecutors are currently looking into allegations that the executives worked to dodge taxes between 2010 and 2011, when the automaker finally went into bankruptcy.
The Truth About Cars reports the investigation may center around the $540,000 paid as consulting fees to Latin America Tug Holding NV, a company Muller owns. It's possible that the Swedish authorities believe the Saab executives were using the tug boat company as a tax haven, and that the automaker should have paid taxes and social security contributions on the money. Muller has not been charged.
Meanwhile, Muller is defending his earnings in a new interview with Automotive News. Having come under fire for his $773,000 salary at Saab, the Spyker CEO said his pay was commensurate with an executive running a company with 4,000 employees.