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Max Mosley continues as FIA president

By Ben Pulman Motor Industry 03 June 2008 12:52 Max Mosley will continue as FIA president after member clubs today voted overwhelmingly in his favour. At the meeting in Paris, Mosley received 103 votes supporting a ‘motion of confidence in the FIA President’. A further 55 votes were cast in opposition to the motion, while there were also seven abstentions and four invalid votes in the secret ballot cast by FIA member clubs.

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.

GM recalls midsize cars for transmission fix

General Motors is recalling the Chevrolet Malibu, Pontiac G6 and Saturn Aura to fix a problem with the transmission shift cable. GM says the tabs on the cable end may break. If that happens, the shifter indicator may not match the transmission's gear.