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Misconduct behind Charles Morgan dismissal

New documents have emerged showing Charles Morgan was sacked from Morgan Motor Company due to four counts of alleged misconduct. Information seen by Autocar outlines that the decision was made by the members of the board of Morgan Technologies – a panel on which some of Charles Morgan’s own family sit. On Bing: see pictures of Morgan cars Find out how much a used Morgan costs on Auto Trader In a board meeting earlier this year – held while then company strategy director Morgan was away on leave due to health problems – Morgan Motor Company executives determined that Charles Morgan had posed as company chairman, despite his demotion back in February 2013.

Renault buys Caterham stake in Alpine as Anglo-French deal collapses

By Michael Karkafiris Motor Industry 10 June 2014 10:36 The collaboration between Renault and Caterham officially ended today, with the French company acquiring Caterham’s remaining stake in Alpine. It marks the end of the road for the Anglo-French collaboration, leaving Renault the sole owner in Société des Automobiles Alpine. Today’s announcement terminates the 50-50 partnership signed in November 2012 between the two companies, a partnership that started with the promise of building two sister sports cars, one from Alpine and one from Caterham.

Chrysler bankruptcy filing said to be part of plan to seal Fiat deal

Chrysler LLC and Fiat S.p.A. are prepared to complete an alliance by Thursday that would be taken into bankruptcy court as a key element of the U.S. automaker's restructuring plan if needed, a person with direct knowledge of the situation said.