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'Phoenix Four' MG Rover directors to be banned
Fri, 11 Sep 2009The '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.
Ford offers $1 million in automotive design scholarships
Thu, 20 Mar 2014After the passing of William Clay Ford Sr., Ford has announced that they will honor his memory and his contribution to the automobile with the creation of scholarships for automotive design students. William Clay Ford Sr., the last grandson of Henry Ford, died last week at the age of 88. Ford worked at the company that bears his name for 57 years, serving as chairman of the design committee for 32 of those years.
Honda Accord Tourer (2008): first official pictures
Thu, 24 Jan 2008By Ben Pulman First Official Pictures 24 January 2008 11:05 Honda has released the first pictures and video of the new Accord, but while the photos only offer us a tantalising glimpse, the accompanying short film shows nearly every exterior detail of the new Accord Tourer (nee estate). The Tourer appears to have changed little from the concept that was shown at Frankfurt in 2007. The profile remains the same, and apart from a switch to production lights, wheels, grille, mirrors and door handles the exterior has kept most of the concept’s flavour.