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MG Rover – Serious Fraud Office (SFO) to investigate

The Rover 75 Coupe - one of MG Rover's last big ideas before its collapse in 2005 MG Rover was bought from BMW for the princely sum of £10 after BMW had had enough of trying to make a viable company out of a business that was still undermined by the woes – and attitudes – of the British Leyland years. That £10 purchase price also came with £425 million in loans from BMW, so MG Rover had a chance. But the collapse, and the subsequent sale of the rights to the MG trademark to SAIC (Shanghai Automotive Industry Corporation), brought accusations that the ‘Phoenix Four’ – Directors and owners of MG Rover – has acted fraudulently when it was revealed they had acquired more than £40 million in pension rights, salary and assets in the intervening five years between purchase from BMW and collapse.

Land Rover Discovery XXV Special Edition celebrates 25 years of the Discovery

The Land Rover Discovery XXV (pictured) celebrates 25 years of the Discovery The Land Rover Discovery was launched 25 years ago as a ‘Lifestyle’ Land Rover product complete with funky interior from Jasper Conran. And now, with the Discovery 4 nearing the end of its life, Land Rover is commemorating that anniversary with a special edition model – the Land Rover Discovery XXV Special Edition. The Discovery XXV is based on Land Rover’s top spec Disco – the HSE Luxury – and comes in a choice of four colours - Causeway Grey, Santorini Black, Fuji White and Indus Silver – with Narvik Black for the grill surround and door mirrors and Dark Atlas on the grill and vents.

New car sales September 2014 best in ten years. But…

The Ford Fiesta was again the best-selling car – September 2014 We’ve got used to new car sales / registration reusing month after month, and September 2014 is no different. The Society of Motor Manufacturers and Traders (SMMT) is reporting new registration for the important plate change month of September at 425,681 units, the strongest September performance since 2004 and the 31st month in a row new car sales have increased. But the SMMT do say that although September’s figures show yet another increase, it only represents a rise of 5.6 per cent compared to the March plate change registrations rise of 18 per cent, an indication that the new car marekt is starting to level off after nearly three years of growth.