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Car giant starts recruitment phase
Wed, 19 Feb 2014CAR GIANT Jaguar Land Rover has started recruiting for the first phase of 1,700 new jobs to support production of new vehicles. The company said 500 production staff will be taken on as part of expansion plans at its factory in Solihull, West Midlands. The carmaker is investing £1.5 billion in the UK and plans to increase its workforce at Solihull to almost 8,000.
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.
Show Review: Tokyo Concours D’Elegance
Wed, 28 Nov 2007Tokyo has hosted the first of what it hopes will become the Japanese equivalent of America's Pebble Beach and Italy's Villa D'Este. Held at the plush Tokyo Midtown shopping mall/commercial complex, the Tokyo Concours D'Elegance was initiated by enthusiast Paul Goldsmith and coincided with the first public days of the Tokyo Motor Show - though regrettably also with a typhoon, forcing organisers to cover the cars on the lawns, which were ultimately closed due to flooding. Fortunately, the exhibition had been split between in- and outdoors, and while the weather lashed out at those braving the winds, there were still some interesting displays for those wishing to remain dry.