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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.

Renault Megane CC (Coupe Cabriolet): UK price & details

The Renault Megane CC starts in the UK at £21,595 As it usually does now on car launches, the launch of the Renault Megane CC started with a tease before moving on to a full reveal in February prior to the public debut at the Geneva Motor Show. And now, three months later, we get some proper meat on the bones for the UK. Starting point for fresh air Megane motoring is £21,595 which buys you the Renault Megane CC 1.4 TCe 130 Dynamique TomTom.

2014's best bargain cars under $16,000

Kia Are you currently in the market for a new car, but you aren't ready to take out a second mortgage in order to afford it? The automotive market these days is brimming with so many different models and options to choose from it can become quite an overwhelming process. Fear not, thrifty buyer, because you're in luck.