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Goodwood Festival of Speed 2010: live news, photo galleries, reviews
Mon, 05 Jul 2010CAR is at the 2010 Goodwood Festival of Speed, and will update this page with news and snippets, photos and video beamed straight from the Earl of March's hillclimb. NB we'll update the latest news at the top of the page in blog format, so if you're reading for the first time start at the foot of the page and work your way up!SUNDAY 4 JULY 20102.45pm: Home timeIt might seem like too soon to leave, but I have been here since 6.30am, and the sad excuse of wanting to beat the traffic means it's time to leave Goodwood once again. Still a great show, even if it is getting too big.
MG Rover – Serious Fraud Office (SFO) to investigate
Sun, 05 Jul 2009The 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.
Hyundai will take your car back if you lose your job – but only in the U.S
Sun, 04 Jan 2009As car makers get more desperate to make sales, they are coming up with more and more to tempt the wary. Free financing, extended warranties and servicing and, in a couple of extreme examples, 2 for 1 offers. But Hyundai has come up with another offer to tempt the reluctant.