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Mitsubishi Concept-RA (2008): first official pictures

By Tim Pollard First Official Pictures 14 January 2008 00:59 Mitsubishi picked an elegant way to signal its intention to sell more diesel models in the US; its Concept-RA unveiled today in Detroit is a slinky two-seater coupe that's more likely to turn heads for its sharp looks than its 2.2-litre turbodiesel. It also points to the new Eclipse, which could come to Europe next time round. The sports car is one of the best-looking concepts shown by Mitsubishi for ages, its bright red paintwork contrasted by matt black finish on certain functional body parts, including the top of the engine which actually forms part of the bonnet.

BMW and Toyota plan engine-swap deal, reports say

Details have begun to emerge about a planned engine-swap deal between BMW and Toyota. Set to be made public at the Tokyo motor show this week, the cooperation is said to center on BMW supplying Toyota with four- and six-cylinder common-rail diesel engines for use in a wide range of models. In return, Toyota plans to provide BMW with technology used to combine combustion engines and electric motors in various hybrid applications.

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.