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0British 'Cash For Clunkers' to get extension 1254151740
We've seen this before, haven't we? Government institutes program to spur auto sales by offering car buyers a federal incentive to turn in an old car for a shiny, efficient new one, leading to sales growth, which later leads to no money in the program and the request for an extension. Our British ...
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FOLLOWUP: MG Rover execs reportedly strike back amidst fraud accusations 1247058060
The soap opera that is unfolding in the United Kingdom regarding the death of the once-proud MG Rover automobile company continues unabated. Four former MG Rover executives who purchased the automaker from BMW back in May of 2000 for a £10 fee have responded to Lord Mandelson's decision to ...
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FOLLOWUP: Serious Fraud Office reportedly called in to investigate MG Rover collapse 1246915800
The saga that is the collapse of MG Rover and the subsequent four-year government probe into what went wrong has just taken another sordid and oddly-timed twist. Lord Mandelson, Secretary of State for the British Labour Party, has told the Financial Times that he was under "obligation" to pass the ...

