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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.

Dinamica's microfiber range showcases the latest color, design and material innovations

Dinamica Established 1997 Number of employees 50 (five designers) Global headquarters Gorizia, Italy Contact b.terraneo@dinamicamiko.it Website www.dinamicamiko.com "We are a young, dynamic company and have increased our automotive activities significantly over the last five years," says marketing manager Benedetta Terraneo. "We started off in the US, but now also collaborate with the biggest OEMs in Europe, Brazil, Asia and Australia, working with their designers to create new automotive applications for our Dinamica microfiber range." Each year, the company creates an automotive collection to showcase the latest color, design and material innovations. The 2013 collection – called ‘Essence' – launched in May, and focused on inspiring new possibilities for automotive interior trimming through the use of five natural elements.

The Moke is back, baby!

The past two days have been quite an emotional roller coaster. First, we were crushed to hear that the end of the line is fast approaching for the rugged, beloved Land Rover Defender. Next thing we know, we're reading about the resumption of Moke production in China over at Hemmings and everything is sunshine and rainbows once again.