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New MG: Is this the MG2?

Mon, 22 Feb 2010

Is this a new mini MG - the MG2? Despite it looking at one point last year as if MG – certainly in the UK – was close to biting the dust, we now know that the SAIC Roewe 550 will be made in the UK and sold throughout Europe as the MG6 in hatchback form and the MG5 as a saloon. But now we’re getting news from China that there is a mini MG in the pipeline – the MG2 – and that this car will be turning up as soon as the Beijing Motor Show as an MG and not – as is usual for SAIC – as a Roewe which then spawns an MG.

VW group design future

Mon, 23 Jun 2008

By Adam Towler Motor Industry 23 June 2008 19:01 VW Group’s Design Director Walter De Silva shed light on the future direction of Volkswagen design during a lecture earlier this week at the old Fiat Lingotto factory in Turin. Extolling his own thoughts on design amid the current world – “constraints are what promotes creativity” - he described VW as being immersed in a process of defining their design language as Audi had already done to achieve the quality and diversity necessary. Audi design DNA was “understood by everyone in the company” he said, “right down to the smallest details”.

GM officially bankrupt

Mon, 01 Jun 2009

GM finally enters Chapter 11 Bankruptcy The US Government is to provide £30 billion to fund the transition, with GM being split in to ‘Old GM’ and ‘New GM’. In exchange for the money the US Government will take a 60% stake in ‘New GM’ with all the toxic assets and liabilities being disposed of through ‘Old GM’. The restructuring will allow GM to survive on a third less sales than before (10 million instead of 15 million).