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'Phoenix Four' MG Rover directors to be banned

The 'Phoenix Four': John Towers, Nick Stephenson, Peter Beale and John Edwards. All roundly criticised in today's government report By Tim Pollard Motor Industry 11 September 2009 09:14 The UK Government today said it plans to disqualify the executives who ran MG Rover in the run-up to its collapse in 2005. A report out today from the Department for Business, Innovations and Skills slams the 'Phoenix Four's involvement in the business and is highly critical of the way they withdrew £42 million in salaries and pensions despite the company's parlous financial position.

Fiat 500 1957 edition hits showrooms this spring

Fiat will introduce its limited production Fiat 500 1957 Edition that will arrive in showrooms late this spring. The Fiat takes design cues from its vintage Italian roots, giving buyers a throwback feel with its interior and exterior styling. Buyers can get into the 500 1957 starting at $21,200 including destination and handling fees.

Kia GT4 Stinger concept car due for Detroit Motor Show 2014

Kia It's the season for pre-Detroit Motor Show announcements - and today Kia issued this further teaser image of its new low-slung sports car: the 2014 Kia GT4 Stinger concept car. With overtones of the Audi R8 supercar about its visage, the GT4 Stinger is a rear-wheel drive coupe driven by a punchy 315hp turbocharged engine. Kia is a major player in the US, and this GT4 concept car is designed to worm its way into the affections of American enthusiasts.