Italian investigators said on Tuesday that they had prevented a criminal plot to steal the body of automotive legend and Formula One racing pioneer Enzo Ferrari. The scheme involved using two cars and a van, breaking into San Cataldo cemetery, absconding with the corpse, and then holding it for ransom.

Just imagine the incredible movie that would have resulted from the heist had the police not immediately foiled the plan. It would have equal parts The Italian Job and Weekend at Bernie’s.

Così buono.  (Read More…)

If you were to buy a 2003 Cadillac Escalade ESV near North Caldwell, New Jersey, you’d expect to shell out nearly $10,000 for an exceptionally clean ride from a dealer, according to Edmunds. Yet, this particular example of GM’s brashly designed full-size SUV sold for nearly 12 times that amount: $119,780.

Why?

Well, this one was driven by a garbage man.

(Read More…)

Actually, we shouldn’t even mention Saab before the court in Vänersborg renders its verdict on Dec 16. The court will decide whether it follows the suggestion of the court appointed administrator Guy Lofalk to lift the creditors protection on Saab.  But it’s a slow newsday, and Saab is always good for a story.  No, we don’t mean the €3,322,993.13 allegedly transferred by Youngman. No, we are not referring to the latest round of hamfisted censorship at Saab’s enthusiast site. We are talking about a story that is making the rounds on websites that specialize on the activities of the Russian mob. They insist that Saab’s darling Antonov “has been involved in a number of financial scams before.” The mobster tracking site Rumafia says:

“A few years ago Antonov moved almost all Snoras’ liquid assets, $400-500 million worth, to foreign accounts. He disguised the fraud under a series of loans which the bank allocated to front companies with no real asset backing.”

Hmmm. No real asset backing? (Read More…)