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The next presidential limousine might look like this

A few days ago, the United States Secret Service posted the bid requirements for a new presidential limousine, which is set to debut during the 2017 inauguration of our nation's 45th chief executive. It's hard to believe that the General Motors-built Cadillac dubbed "The Beast" is already due for replacement, but the fleet of presidential limousines is cycled every four or eight years, with bids accepted from any American automaker. We'll spoil the show for you: the odds of a company other than General Motors winning the bid is pretty slim.

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.

British manufacturer Atalanta Motors to make come back

Ever heard of Atalanta Motors? We wouldn’t be surprised if you hadn’t as the British sports car manufacturer went out of business a long time ago. Owing to the outbreak of World War II, Atalanta Motors shut its doors back in 1939 after making only 21 cars.