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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.

London motor show 2008 'visitor numbers up 14 percent'

London motor show 2008: visitor numbers 'up 14 percent', say the show organisers By Tom Richards Motor Shows 04 August 2008 17:52 Official figures for the recent London motor show today reveal a 14 percent increase in visitor numbers. The British International Motor Show at London's Excel arena attracted 472,300 people over the past fortnight. Although that's some way off the initial target of 550,000 visitors, it's a healthy rise on the 2006 event, attended by 415,000 people.

Italian supercar makers halt production after second earthquake

Ferrari, Maserati and Lamborghini on Tuesday suspended production after an earthquake killed at least 10 people in northern Italy where their factories are located. The three luxury sports car makers said their factories were not damaged in the quake but they had sent workers home. "All the workers and employees have been allowed to join their families" Ferrari said on its Twitter account.