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'Phoenix Four' MG Rover directors to be banned

The 'Phoenix Four': John Towers, Nick Stephenson, Peter Beale and John Edwards. All roundly criticised in today's government report By Tim Pollard Motor Industry 11 September 2009 09:14 The UK Government today said it plans to disqualify the executives who ran MG Rover in the run-up to its collapse in 2005. A report out today from the Department for Business, Innovations and Skills slams the 'Phoenix Four's involvement in the business and is highly critical of the way they withdrew £42 million in salaries and pensions despite the company's parlous financial position.

Skoda Citigo Monte Carlo launches – costs from £10,590

Skoda Citigo Monte Carlo (pictured) launches The Skoda Citigo may be a small city runaround, but that’s not stopping Skoda tagging the Monte Carlo badge on to give it a bit more appeal. The Skoda Citigo Monte Carlo has been launched with the usual array of tweaks and titivations Skoda likes to use on its Monte Carlo models, but no extra power. That means a trim level based on the mid-range Citigo SE spec with black highlights for the exterior on the alloys, front and rear spoiler, rear diffuser, grill and door mirrors and a lowering of the suspension for a more dynamic appearance.

VW & Porsche could become Auto Union

It looks like Porsche and VW may come together under the Auto Union banner. Of course, all these shenanigans have come about because of Porsche’s desire to gobble up VW. The plan looked great, and Porsche grabbed a big chunk of VW stock.