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Charles Morgan to appeal ousting by Morgan board (2013)

By Ollie Kew Motor Industry 18 October 2013 17:00 Charles Morgan, who was ousted by the Morgan Motor Company's board this week after a decade at the marque, has released a statement reacting to his forced departure, and confirming his intention to fight the decision. You can read the statement in its entirety below. Charles Morgan has posted a single entry on a personal blog, outlining his dismay at the decision, and announcing he will appeal against the board.

Saab: Muller used Antonov money to purchase Saab

Vladimir Antonov provided the finance for Victor Muller to buy Saab Victor Muller has told Swedish TV that the money he used to buy Saab was funded by alleged fraudster Vladimir Antonov. In a revelation that will surprise no one, Saab ‘owner’ Victor Muller has revealed that the $74 million paid to GM when Spyker (as they then were) bought Saab was supplied to one of Victor Muller’s companies by Snoras Bank refugee Vladimir Antonov. Muller revealed this little nugget of information in an interview due to be televised in Sweden tomorrow, and also revealed he still owed the money (well, the company he owns still owes the money).

Tesla Model S turns in to Jaguar XF

Jaguar XF - or is it a Tesla? Tesla seem convinced – or at least they’re doing all they can to convince the public – that the Tesla Model S is a soon to be reality, despite all in the industry saying they can’t deliver what they are offering – a high-end, luxury, high-spec sports saloon with a 300 mile range – for the sort of money they claim. That money – as we learned recently – is to be $69,500 for the Tesla S with the 300 mile battery, a price that’s had many scratching their heads over how Tesla can stick enough laptop batteries in the Model S to go that far, and how they can do it at a price that’s a good thirty per cent less than the ‘Lotus-with-batteries’ Tesla Roadster.