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'Phoenix Four' MG Rover directors to be banned
Fri, 11 Sep 2009The '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.
Vauxhall Insignia VXR revealed
Wed, 15 Apr 2009Range -topping Vauxhall Insignia VXR to launch at Barcelona in May Latest to the market is this range-topping Insignia – the Vauxhall Insignia VXR (Opel Insignia OPC in Europe) – a 325bhp rocket version of the successful Insignia. With a new adaptive four wheel drive system and electronic limited slip diff, the Insignia VXR has bags of grip and great roadholding. It sits 10mm lower than the Insignia SRi, and the HiPerStrut front suspension keeps torque-steer in check.
Infiniti future products: Making room for three additions to the lineup
Wed, 17 Aug 2011Nissan Motor Co.'s Infiniti luxury brand will develop three all-new vehicles over the next three to four years: a compact sedan, a family-sized crossover and an electric luxury car based on the Nissan Leaf. The plan is part of Infiniti's goal to increase sales and market share in the United States and globally. In June, Nissan CEO Carlos Ghosn set a goal of more than tripling Infiniti's annual global sales to 500,000 units by 2016.