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Boca Raton concours to honor Milhous brothers

Well-heeled car fans will be able to get their hands on some highly coveted autos when the Milhous collection goes up for auction on Feb. 24, in a multiday sale that coincides with the Boca Raton Concours d'Elegance. Bob and Paul Milhous of the Milhous Museum will be honored with the Lee Iacocca Award at this year's concours, a distinction that goes to individuals who have perpetuated the American automotive tradition in their dedication to classic-car preservation.

SEMA 2008 show report: Hyundai Genesis Coupe

By Phil McNamara Motor Shows 06 November 2008 09:30 Hyundai kicked off the show by unveiling six modded versions of its rear-wheel drive Genesis range. Using SEMA as a platform was the latest step in the Genesis PR push, as Hyundai builds up to the Coupe's US launch next year. 'SEMA is all about OEMs and the aftermarket collaborating,' said John Krafcik, who invited DUB magazine, RK Sport, Street Concepts and other tuners to customise theGenesis.

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.