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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 2014 Corvette Stingray gets 29 mpg highway

Chevrolet has been dropping stats about its new Corvette every so often, and the latest to come down the pike are its fuel economy ratings. The Corvette Stingray's EPA estimated rating of 17 mpg in the city and 29 mpg on the highway makes it 11 percent more fuel efficient than the previous Corvette. These ratings are for the Corvette equipped with the all new seven-speed manual transmission.

Lamborghini Aventador LP700-4: Official Photo

Lamborghini Aventador LP700-4 Official 'Spy' Photo I know. The photo above looks just like every other spy shot we get of every car yet to be released. And it is.