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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.

Who's Where: Alfonso Albaisa appointed Nissan Design Director for Global Passenger Vehicles and Electric Vehicles

Alfonso Albaisa has been appointed as Nissan's Design Director for Global Passenger Vehicles and Electric Vehicles, a job that will see him move back to Japan. Albaisa joined Nissan Design America almost 24 years ago and has worked on vehicles in every category and on both interior and exterior projects. He has also worked on customized super yacht design and architecture, one of his particular passions in life.

How VW's XL1 will make your next Golf lighter, faster and more frugal

VW will only build 250 examples of the XL1, its super-streamlined two-seater than scores a combined 314mpg thanks to its plug-in hybrid diesel engine, lightweight construction and low-drag design. Each punter will have to put up around €100,000 for the privilege of saving money on fuel – but don’t worry, because every car across the VW Group will benefit from the lessons learned, all by 2020. Is my next VW likely to be a hybrid?