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.

Audi A1 Quattro gets the XCar treatment

The Audi A1 is just one of the cool European city cars we don't get here in the United States. It shares a platform with the VW Polo, Skoda Fabia and Seat Ibiza. Audi saw fit to drop the 2.0-liter turbocharged four-cylinder from the last generation S3 in just 333 examples, all of which have reportedly been sold.

Japan's concept cars - the craziest of the noughties

By Alex Michaelides Motor Shows 19 August 2009 10:00 Here we are, celebrating the best cars that Japan has produced, but what about the ones it hasn’t? At many motor shows – and particularly ones in its back yard – the Japanese industry serves up some wild concept cars which boggle the brain and tickle the ribs. It’s hardly surprising that few of them hit the mainstream.