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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.

New Nissan GT-R Nismo at the 2013 Tokyo Motor Show

The Nissan GT-R – one of the most iconic sports car models of all time – was unveiled in its latest go-even-faster Nismo incarnation in Tokyo on Tuesday 19th November 2013. MSN went to soak up the atmosphere at Nissan’s HQ in Yokohama on the outskirts of Tokyo and speak to the management. “Developing the GT-R is an act of passion and a driver of innovation”, so declared Nissan’s overall boss Carlos Ghosn (bottom left) after he was driven on stage by record-breaking driver Michael Krumm at the exclusive reveal of its GT-R supercar in Yokohama.

JUNKER KEEPER: Federal database tracks totaled vehicles, clunkers

First, it was the hurricane-damaged used cars flooding the market. Now, it’s the clunkers turned in--and supposedly junked--as part of the federal Cars Allowance Rebate System “cash for clunkers” program. Following Hurricane Katrina, cars declared as total losses in one state were able to get clean titles in other states and were resold to unsuspecting consumers.