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MG Rover – Serious Fraud Office (SFO) to investigate

The Rover 75 Coupe - one of MG Rover's last big ideas before its collapse in 2005 MG Rover was bought from BMW for the princely sum of £10 after BMW had had enough of trying to make a viable company out of a business that was still undermined by the woes – and attitudes – of the British Leyland years. That £10 purchase price also came with £425 million in loans from BMW, so MG Rover had a chance. But the collapse, and the subsequent sale of the rights to the MG trademark to SAIC (Shanghai Automotive Industry Corporation), brought accusations that the ‘Phoenix Four’ – Directors and owners of MG Rover – has acted fraudulently when it was revealed they had acquired more than £40 million in pension rights, salary and assets in the intervening five years between purchase from BMW and collapse.

New System Needed To Highlight Risks Of Prescription Drugs, Says IAM

THE Institute of Advanced Motorists (IAM) has raised the issue of prescription drug labeling, after finding that many drivers believe the product information could be more comprehensive. In a survey based on 2,376 responses, only half of drivers asked felt prescription drug labelling is clear enough on medicines. This exercise comes after the government announced earlier this year that a drug-driving bill will be introduced, and will include chemicals which can be found in prescription drugs.

VW & Audi sell 100,000 diesel cars in the USA for the first time

VW & Audi sell 100,000 diesel cars in the USA for the first time Until very recently, a diesel engined car in the USA was as rare as hen’s teeth; Americans felt much the same as we used to about diesel-engined cars – fit only for commercial vehicles. But from a slow start, VW Group of America is gradually changing the mindset of American car buyers and now, 36 years after the first VW diesel was sold in the US, the VW Group have sold more than 100,000 diesel-engined cars in the USA in a year for the first time. With 12 Audi and VW diesel models on offer in the States – including new arrivals Audi arrivals like the Audi Q5 TDI, A6 TDI, A7 TDI and A8 TDI models – its seems the USA may now be heading down the route the UK went a few years ago, where a majority of car buyers in the UK feel the default buy is a diesel.