0703-034 Arctic Cat Snowmobile Spindle on 2040-parts.com

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.

Meet the Porsche Macan small SUV

The small Porsche SUV that goes on sale about 18 months will wear the Macan nameplate, the German automaker said on Thursday. Until now, the SUV project had been known by the code name Cajun, created from the concept of “Cayenne Junior.” Porsche says Macan is “derived from the Indonesian word for tiger and combines suppleness, power, fascination and dynamics.” The Porsche Macan will share a platform with the Audi Q5 and will be built at the Porsche plant in Leipzig, Germany, that now builds the Cayenne. Porsche is spending $650 million to expand the Leipzig plant, adding a body shop and a paint shop.

China’s Hong Qi State Limo twice the price of RR Ghost

FAW's Hong Qi Limo - a snip at £720k It would have been unthinkable just a few years ago, but this week China has seen the reveal of two cars that would stretch even the finances of a Western plutocrat. The Hong Qi State Limo is a behemoth of a car designed to ferry China’s elite in safety and comfort. It was used in China’s recent 2009 ‘Review of the Troops’ to chauffeur Chairman Hu.