49cc Derbi Red Fuel Tank on 2040-parts.com

Jeep Grand Cherokee's 2013 model year will be short

The Jeep Grand Cherokee will have a shortened 2013 model year so that in January the Chrysler Group can introduce a diesel engine and eight-speed automatic transmission for the 2014 model, internal Chrysler sources say. Dealer orders for 2013 Grand Cherokees began this month. The 2013 model, which will begin production in August, will continue with the five-speed automatic that the Grand Cherokee has had since mid-2010.

Shelby Cobra to headline 2012 Rolex Monterey Motorsports Reunion

We're only one day out of the Pebble Beach weekend, and already Cobra enthusiasts are sharpening their fangs for next year's event. Announced on Sunday, Cobras from all over the world will rally in Monterey, Calif., next year as the featured marque on Aug. 17-19 for the 2012 Rolex Monterey Motorsports Reunion.

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.