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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.

Jeep Wrangler Unlimited joins Altitude lineup

Jeep is adding a Wrangler Unlimited model to the Altitude lineup. It will join the Patriot, Compass and Grand Cherokee Altitude models in showrooms next month. The Altitude name won a vote on Jeep's Facebook page and beat out names such as Midnight and Obsidian for the blacked-out trim package.

A beautiful F1 book when you subscribe to CAR

Art of the Formula 1 Race Car, worth £30 – free when you subscribe to CAR Magazine By Ben Barry Motoring Issues 17 August 2010 16:51 If you subscribe to CAR Magazine this month, we've got a special treat in store for you: a wonderful hardback book charting the art of the greatest Formula 1 racers over the decades. It's a glossy book with sky-high production values worth £30 – yet it's your free when you take out a year's subscription to CAR Magazine. Click here to see more details on this great offer, which is available to all UK-based subscribers.