Nachman Rope Sheave Ski-doo Sm-11006 on 2040-parts.com

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.

New Hyundai i30 goes on sale in the UK

The new Hyundai i300 arrives in Hyundai UK Showrooms The new Hyundai i30 (2012) was revealed at last year’s Frankfurt Motor Show and has now arrived in Hyundai UK showrooms. It seems like a long time since Hyundai revealed the new i30 at the Frankfurt Motor Show, but it’s actually only six months; time enough to get the news out before the new i30 lands in showrooms, which it does in the UK from today. In many ways the new Hyundai i30 is the most convincing model yet from Hyundai’s increasingly confident offerings, and looks set to go head to head with VW and Ford for the hearts and minds of family car buyers in the UK.

Nissan rekindles Almera with new Golf rival

By Tim Pollard Motor Industry 08 April 2010 09:26 Nissan plans to re-enter some of the heartland markets it departed with the loss of the Almera and Primera, CAR can reveal. It's a U-turn from a strategy that saw Nissan desert mainstream models in favour of crossovers and niche cars such as the Qashqai and Note. In an interview at the signing of the Daimler-Renault-Nissan cooperation yesterday, the Japanese firm's global product chief told CAR a new Golf rival to replace the unloved Almera was underway.'There's a live, upstream project,' Andy Palmer confirmed.