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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.

Audi A3 Clubsport Quattro Concept gets 518bhp – heading for Worthersee

The 518bhp Audi A3 Clubsport Concept (pictured) is heading for Worthersee The Worthersee Show is looming at the end of May, and we can expect some extreme and mad concepts from the VW Group queuing up for attention. And among those will be this, the Audi A3 Clubsport Quattro Concept. Based on the Audi S3, the A3 Clubsport eschews the S3′s 2.0 litre TFSI in favour of Audi’s 5-cylinder 2.5 litre, and in the A3 Clubsport the wick gets turned up considerably to 518bhp and 442lb/ft of torque.

Top Gear is back! Series 21 to air on 2 February

Reuters Top Gear is returning to Britain's TV screens in early February, it was confirmed today. It's great news for car enthusiasts who've missed their regular fix of Jeremy Clarkson, James May and Richard Hammond messing about in cars – there has been no Top Gear on our tellies since last summer (barring the incessant repeats on Freeview channels such as Dave). The BBC said Top Gear series 21 would air on Sunday 2 February 2014.