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MG SV returns, TF founders

By Keith Adams (additional reporting by Russell Gowers) Motor Industry 15 April 2008 10:14 In the latest twist of the MG Rover saga, and three years after the original MG XPower SV supercar went out of production, the controversial coupe has made a surprise re-appearance. However, the likelihood of us ever seeing the reborn TF roadster seems to be receding by the week.Now known as the XPower WR, the Qvale Mangusta-based supercar has been eased back into production by William Riley – a descendant of the creators of the historic car company bearing the same name.His company, known as MG Sports and Racing Europe Limited, produces the supercharged WR, selling it for between £75,000 and £90,000 depending in specification. The rights to the car – and its badge – were bought from MG Rover administrators PricewaterhouseCoopers in 2005.

GM pays back government loans

General Motors Co. said it has repaid the U.S. and Canadian governments $5.8 billion for loans that helped fund the U.S.

Autoweek in review: What you might have missed

In a nutshell, here's what happened this week: --Two-time Indy 500 champ Dan Wheldon died on Sunday after a 15-car crash at the Izod IndyCar Series' season-ending race in Las Vegas. He got caught up on lap 11, went airborne and slammed into the track's outside wall. Read the full story here.