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TVR sold

By Tim Pollard Motor Industry 22 February 2007 10:30 Russian businessman Nikolai Smolenski is back in charge of the failed TVR business - and looks set to move production abroad. The deal was announced on Thursday evening, after the administrators PKF Partners struck a deal with Smolenski to buy TVR's assets for an undisclosed sum, thought to be in excess of £2m. The Russian businessman bought TVR in 2004 for around £15m, but sales stalled and the Blackpool factory crashed into administration at Christmas time.

Hospital staff face 'extortionate' parking charges

HOSPITAL bosses have been branded immoral for introducing "extortionate" parking charges for staff who need their cars for work. The union Unite said England should come in line with Scotland and Wales where NHS staff were not made to pay to park. The union was responding to South Tyneside NHS Foundation Trust's decision last month to start charging health visitors and community nurses £1.20 an hour to park.

BMW releases M Performance accessories for 2014 X5

BMW has debuted a choice of M Performance parts for its 2014 X5 SAV -- that would be Sports Activity Vehicle as BMW prefers to call it. M Performance falls between the entry-level M-sport trim line, and the M cars themselves. With M Performance parts, owners can tailor the look of their cars with factory supplied exterior and interior trim and parts, in addition to performance modifications.