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Corporate Business

MG Rover Inspectors Open Door to Action Against the Phoenix Four

West Midlands car industry activists are poring over the fine detail of the government report into the collapse of MG Rover to establish whether there are grounds to bring a civil action against the so-called Phoenix Four, the executives who bought the car company from BMW for £10 in May 2000. MG Rover watchers are said to be angry at the extent to which the Phoenix Four benefited personally while overseeing the demise of Britain’s last volume car manufacturer. They believe the report, compiled after a four-year investigation by two government inspectors, has opened the door to civil action. “Company law on fiduciary responsibility is complex and unclear,” said Nick Matthews, an academic at Coventry University and car industry analyst for 15 years. “The inspectors agree that it is uncertain, particularly in respect of the deal to buy MGR Capital. […]

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Corporate Business

BMW Taps Into the British Psyche

History repeats itself first as tragedy, then as farce … then as the Mini. An announcement that two new versions of Britain’s most successful car will soon be produced at BMW’s Cowley plant offers coruscating insights into national identity, consumer psychology and the realities of design today. It was on August 26, 1959, when ice-cream colored Ford Zodiacs with fluted chrome still wafted along dual-carriageways, that the Mini 1.0 appeared. As a small boy my father took me to see one of the first at the Rocket Garage in Liverpool. What was obvious even — perhaps specially — to a child was ingenuity of a high order. Alec Issigonis’s insistence on compactness and his refusal of “style” produced the most unusual and influential car ever. But Issigonis had a demanding personality: he insisted, for example, that discomfort kept drivers helpfully […]

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New Cars

MINI’s 50th Anniversary JCW

This year MINI celebrates 50 years of the iconic Mini, and as a part of that celebration MINI is releasing a limited edition of the Cooper Works car, the John Cooper Works World Championship 50, of which only 250 will be produced and made available in Europe. Inspired by John Cooper’s son Mike who was heavily consulted during development, the vehicle will be adorned with the British racing green of days gone by. According to the BMW press release, the car will be powered by a “155 kW/211 hp four-cylinder engine with Twin-Scroll turbocharger and petrol direct injection. The production version of the MINI John Cooper Works World Championship 50 features numerous exterior and interior details reflecting the racing pedigree of the brand.

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Classic Cars

New Exhibit “50 Years of the Mini – Lane Motor Museum

The Lane Motor Museum in Nashville, Tennessee, is excited to announce that their newest exhibit “50 Years of the MINI – Presented by MINI of Nashville” will open on Thursday, April 16. This exhibit will focus on the history and influence of the Mini brand over the last 50 years. They would also like to thank MINI of Nashville for partnering with them in the creation and promotion of this exhibit. In addition to the exhibit, their support will allow the museum to host a special celebration of the 50th Anniversary of Mini in late August. According to the museum, a specific date along with more details will be available soon. More information about the contents of the exhibit is available now online at the Lane Motor Museum’s Mini site.

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New Cars

Diesel MINI Lowest Depreciating Car

In a survey of residual values carried by EurotaxGlass’s, publisher of the Glass’s Guide ‘trade bible’, the MINI 1.4TD came out with an average trade-in value of 62.3 per cent after three years. It is the second year in succession that the MINI has topped the table of the slowest-depreciating cars, although the downturn in used car values is indicated by the fact that last year it retained 71 per cent of its value after three years. Seven of this year’s top 10 are cheap to buy and run, small and fuel-efficient. The almost identical Citroen C1, Toyota Aygo and Peugeot 107 were second, fourth and fifth respectively. However, the Ferrari F430 coupe and spyder took third place, retaining 60.9 per cent of their value after three years. The Lamborghini Murcielago was in eighth place (55.2 per cent), while rear- […]

Aston Martin Production - Gaydon
Corporate Business

British Auto Industry Jobs At Risk

The BBC’s Chanel 4 News is reporting that thousands of jobs at two UK car plants could be at risk as a result of a worldwide sales slump. General Motors, the world’s biggest car company which owns Vauxhall, said it will be bankrupt within months unless it gets an emergency cash injection from the US government to help it during the global financial crisis. The firm said it had called off merger talks with Chrysler and was asking the government for help after using up $6.9 billion (£4.4 billion) in the third quarter of 2008. The company employs around 5,000 workers at plants in Luton and Ellesmere Port, Cheshire, which produce around 215,000 vehicles a year. Meanwhile, German car giant BMW announced that production of the Mini was to be curtailed, with workers at plants at Oxford and Swindon told […]

Electric MINI from BMW
Corporate Business

BMW To Build Electric Mini

MUNICH — BMW plans to export nearly 500 electric versions of its Mini car to California, company sources said. The electric Minis are being built at the Mini factory in Oxford, England, without engines, gearboxes or fuel tanks, then shipped to Munich, Germany, where they are being fitted with electric powertrains. BMW sources told Automotive News Europe that 490 of the Minis will be leased to selected customers in California and 10 will be used as show cars. The electric Minis are painted silver and have yellow roofs, the sources said. BMW engineers working on the electric Minis are part of a new division called Project i established by the automaker to develop low-emission city cars. The electric Minis will help BMW to meet new California regulations that will require carmakers selling cars in the state to offer zero emission […]

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New Cars

New John Cooper Works MINI Revealed

Mini has crowned its lineup with a second-generation version of the John Cooper Works. Shown just over a week ahead of an official unveiling at the Geneva motor show, the new go-fast Mini is planned to head to the United States in August in two distinct body styles in a move aimed at seeing it appeal to as wide an audience as possible. As with the second generation of the Mini Cooper S–on sale in North America since 2007, buyers will be able to choose between a standard two-door or roomier three-door Clubman at $28,550 and $30,800, respectively. Both models run the same turbocharged 1.6-liter four-cylinder direct injection gasoline engine–the result of a joint venture between Mini parent company, BMW, and French car maker Peugeot.

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New Cars

Fun in the MINI – John Cooper Works and BMW

The roots shared by the names MINI and John Cooper Works reach back almost 50 years. Now a new chapter of their success story has been opened. Under the roof of MINI the entire product range designed for the driver with a specifically sporting ambition will bear the John Cooper Works label. Consequently, John Cooper Works will in future become an integral part of the MINI brand and represent more than ever before the epitome of ultimate driving fun for all MINI enthusiasts. A visible sign of this repositioning is the newly devised brand logo which will be seen on all future John Cooper Works products. It is the guarantee for exceptional racing know-how, for an avid aspiration to achieve peak efficiency as well as for a deep understanding of the unconventional character and the outstanding quality demands expected of […]

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New Cars

The Verdict: Rolls-Royce Phantom Drophead Coupé

Rolls-Royces weren’t always the best cars in the world, even when they were assumed to be. Some even challenge the claim to that title of the Edwardian Silver Ghost, the progenitor of the legend. Car magazine shoved the flying lady off her pedestal 40 years ago, when the Silver Shadow was judged inferior to a Mercedes-Benz. By the time BMW established the “new” Rolls-Royce operation in Goodwood, the Rolls-Royce brand had become tarnished. The cars were as finely crafted as ever, but were behind technologically. The Rolls-Royce had become an anachronism.Well, BMW has been restoring the brand’s corporate fortunes. The original (2003) Phantom line of limousines was enriched by longer-wheelbase, armoured and bespoke variations – and now those ships of state are joined by the more playful Phantom Drophead Coupé, the most fun Rolls-Royce since Lady Penelope’s. Rolls-Royce may or […]