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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.

2015 Subaru Outback debuts in New York

The 2015 Subaru Outback took a bow at the New York auto show on Thursday. It gets a new front fascia with a hexagonal grille, a standard CVT -- not sure how we feel about that -- and the same 9 or so inches of ground clearance. It'll be in dealerships this summer.

Mitsubishi Delica D:5

Arriving in Japan early next year is the new Mitsubishi Delica D:5, the fifth generation of a model series that began in 1968, and the third new model the company has launched this year after the eK Wagon and Pajero. Mitsubishi says the Delica was developed to 'fuse the comfort of a minivan with the powerful performance of an SUV' and uses 2.4-liter engine with four-wheel-drive. The styling of the Delica takes its cues from the Mitsubishi Concept-D:5 unveiled at the 2005 Tokyo Motor Show, with strong graphics and perched stance.