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'Phoenix Four' MG Rover directors to be banned

The 'Phoenix Four': John Towers, Nick Stephenson, Peter Beale and John Edwards. All roundly criticised in today's government report By Tim Pollard Motor Industry 11 September 2009 09:14 The UK Government today said it plans to disqualify the executives who ran MG Rover in the run-up to its collapse in 2005. A report out today from the Department for Business, Innovations and Skills slams the 'Phoenix Four's involvement in the business and is highly critical of the way they withdrew £42 million in salaries and pensions despite the company's parlous financial position.

Car sales skid in January; Mini, VW and Volvo biggest losers

U.S. light-vehicle sales, dampened by lower fleet shipments and severe winter weather across large chunks of the country, fell 3 percent in January. Among the biggest automakers, Nissan Motor Co.

Tesla touts top sales at Detroit auto show

Tesla credits the "exceptional cold weather performance" of its Model S for 20 percent-higher-than-expected Q4 sales of 6,900 units, bringing total Model S sales worldwide to 25,000 so far. In fact, Tesla says its sedan does so well in the snow that the rear wheels are the only ones that need any torque. "This car performs outstandingly in winter conditions," said Tesla vp of vehicle engineering Chris Porritt in a video released the day of the Detroit Auto Show.