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Misconduct behind Charles Morgan dismissal
Tue, 22 Oct 2013New documents have emerged showing Charles Morgan was sacked from Morgan Motor Company due to four counts of alleged misconduct. Information seen by Autocar outlines that the decision was made by the members of the board of Morgan Technologies – a panel on which some of Charles Morgan’s own family sit. On Bing: see pictures of Morgan cars Find out how much a used Morgan costs on Auto Trader In a board meeting earlier this year – held while then company strategy director Morgan was away on leave due to health problems – Morgan Motor Company executives determined that Charles Morgan had posed as company chairman, despite his demotion back in February 2013.
Mercury fading: A look back at some of the brand's milestone cars
Wed, 02 Jun 2010Rarely do we at AutoWeek like to see a nameplate get deep-sixed. When one does, we enthusiasts get a little nostalgic. Whether it's remembering the one our grandma had or the piece of junk we bought after high school, no brand lives for more than 70 years without a few high points.
1953 Ferrari 340/375 MM Pinin Farina Berlinetta ‘Competizione’ makes €9,856,000
Mon, 27 May 2013It’s the annual Concorso d’Eleganza Villa d’Este festival of supercars and classic cars this weekend, and poart of that is the RM Auctions sale at Vella Erba, on the banks of Lake Como, with a 1953 Ferrari 340/375 MM Pinin Farina Berlinetta ‘Competizione’ smashing the world auction record by fetching €9,865,000. The 375 MM is one of three works cars entered in the 1953 24 Hours of Le Mans and has a good history including 24 Hour of Spa, the Carrera Panamericana, and winning the 12 Hours of Pescara, has been driven by World Champions Hawthorn, Ascari, and Farina and won numerous awards at many events including Pebble Beach, Goodwood Revival and the Louis Vuitton Classic. But it wasn’t just the 375 MM that sold at a strong price, with other notable lots fetching good prices, such as a 1965 Ferrari 275 GTB, for €1,120,000, a 1967 Lamborghini Miura P400 at €426,600, a 1962 Mercedes-Benz 300SL Roadster for €1,114,400 and a 1962 Ferrari 400 Superamerica SWB Coupé Aerodinamico for €2,184,000.